Rental Income for Accredited Investor's Income Test?
After learning a ton from the forum & podast (thank you all!), I'm finally writing my first post here!
There are many benefits with being an accredited investor, including access to better investment opportunities. One way to be accredited is through the income test: 2 years of $200k income for an individual or $300k for a married couple. I wonder whether real estate income (e.g., rent) counts towards this? And if so, do I count the gross income or the net operating income?
Thank you in advance!