Norman2001
Level 7
01-31-2023
05:09 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Qualifying as a real estate professional is an annual election. I don't think it matters whether or not he qualified as a REP in the past.
Time spent on all real property trades or businesses are taken into account when counting hours to meet the 750 hour threshold.
I recommend reading CC 201427016 if you haven't already done so. It has some helpful information.