Welcome back! Ask questions, get answers, and join our large community of tax professionals.

Real estate professional

cancel
Showing results for 
Search instead for 
Did you mean: 

Real estate professional

Real estate professional

IntuitBettyJo
Community Manager
Community Manager

Released - May 2023

If a taxpayer qualifies as a real estate professional, the taxpayer can deduct losses from real estate activities against ordinary income and the real estate professional status is a determining factor as to whether the net investment tax applies.

0 Cheers