Real Estate Professional
Does anyone know if these rules are still applicable today? My understanding was that in any given situation, you could not work full-time in order to qualify as a Real Estate Professional. For instance, if someone works 30 hours per week at a salary position, could then work 31 hours per week and claim this? Also, does anyone know if it has to be on your OWN properties or if you're assisting, earning income from others?
https://www.biggerpockets.com/renewsblog/2014/09/2...
Thanks in advance!