How To Be A Qualified Real Estate Professional
I have read that if I become a qualified real estate professional, I can take unlimited passive losses from my properties.
My understanding is that I have to devote more time to my real estate business than my "real" job. That's not really in the cards for me right now. Does anyone know of other ways to qualify? (Does just getting your license qualify you?) Any other possibilities?
I'd really appreciate any info you have on this-- thanks!
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