don't you file income taxes before?

回答: revenue is not the same as profitcaliber2009-04-10 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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多谢多谢! 再问一个LLC资产注册问题 -131- 给 131 发送悄悄话 131 的博客首页 (240 bytes) () 04/10/2009 postreply 12:03:20

in US, there's no minimum capital requirement -caliber- 给 caliber 发送悄悄话 caliber 的博客首页 (1094 bytes) () 04/10/2009 postreply 12:58:01

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