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Tax, SDIRAs & Cost Segregation

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Alexander Spira
Pro Member
  • Real Estate Investor
  • Inwood, NY
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31
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How to figure 750 hour to write off losses

Alexander Spira
Pro Member
  • Real Estate Investor
  • Inwood, NY
Posted May 31 2019, 11:51
I want to make sure I rack up 750 hours doing real estate this year to get my losses counted against my W2 earnings. I have 6 units and it is taking up lots of my time. The question is what counts ? For example to see my properties I travel around 4 plus hours. Many times I break up the trip and sleep overnight by a friend, technically I'm in route so is the nights sleep considered time in real estate. Another example writting this post or going to the bank to deposit cash. What counts towards those 750 hours? The bigger pockets community is a major inspiration. Thank you very much for taking the time to read my question. What can I count towards those 750 hours that would allow me to claim real estate as part of my

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