don't you file income taxes before?

來源: caliber 於 2009-04-10 11:57:27 [] [博客] [舊帖] [給我悄悄話] 閱讀數 : (567 bytes)
回答: revenue is not the same as profit 由 caliber 於 2009-04-10 08:55:40

i thought you had your rental property for a while. if you use Turbo tax, it will tell you what the requirements are.

i don't remember the exact rules on top of my head. just google "real estate professional" you will find out.

if you claim that you are a real estate professional, you better be sure to keep all the evidence that showed you really "worked" that many hours. there are cases saying that if you are managing a investment portfolio, the hours you spent on researching the stock market does not count. so just be aware of that.

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