REPS Qualification Quiz

Find out if you might qualify for Real Estate Professional Status to offset your W-2 income with passive real estate losses.

Question 1 of 30% Complete

The 750-Hour Rule

Do you (or your spouse, if filing jointly) spend more than 750 hours per year in real property trades or businesses in which you materially participate?

This includes property development, construction, acquisition, conversion, rental, operation, management, leasing, or brokerage.

Disclaimer: This quiz is for educational purposes only and does not constitute tax or legal advice. Always consult with a licensed CPA.