Updated over 5 years ago on .
Most recent reply
presented by
What are the steps I need to take to be a RE professional?
I am completely new to real estate and have never owned a home.
How long does it usually take to close a house? Do I buy a house and start making repairs on it for 750 hours right away to qualify?
I want to do so to deduct against a substantial amount of capital gains for 2020. I am unemployed so I have the time to invest in being a real estate professional.
Thanks!
Most Popular Reply
This seems like a question better suited for your CPA. Almost every investor I work with in San Antonio, TX uses a real-estate savvy CPA who's been able to help them defer taxes.