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Will I Hit Real Estate Professional Status if I Get My Real Estate License? [Tax Smart Daily 010]

 

Obtaining a real estate license alone will not qualify you for the real estate professional status. In order to earn the REP status, you must meet specific qualifications. Let’s go through the details in this video from The Tax Smart Real Estate Investors YouTube channel.

Listen in to learn:

  • How taxpayers benefit from having the real estate professional status
  • How to qualify as a real estate professional
  • The advantage of having a real estate license

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