Posted by JOHN HASLACH, CPA, MST on May 16, 2008 at 07:11:51:
In Reply to: Re: IRS Real Estate Professional Qualification? posted by Maarik on May 15, 2008 at 20:37:06:
The 500 hour rule is related to Material Participation.
To deduct fully real estate losses, you must meet the real estate professional rules.