Posted by Adriana on October 27, 2003 at 07:00:53:
Its a tax term. It helps determine whether or not one must treat rental income as active or passive income. Thank you.
Real Estate Professional designation - Posted by Adriana
Posted by Adriana on October 24, 2003 at 15:04:57:
My husband and I own properties that we rent out. In addition to actively managing these properties, he also works full time for a large real estate company as a property manager, managing properties that we do not own. Do his hours worked as a property manager for his employer count as hours worked in real estate to qualify for the Real Estate Professional designation? Thank you.
Please clarify - Posted by I.R.
Posted by I.R. on October 26, 2003 at 11:42:06:
“the Real Estate Professional designation?”
What does this mean? I know of no such thing.
There are a number of RE organizations, each of which offers various designations & certificates, but without knowing what organization you mean, nobody could answer this question.