Real Estate Professional Status Calculator
Determine qualification for REPS tax benefits.
REPS Status
750-Hour Test:FAIL
RE Hours:750
% of Services:75%
50% Test:PASS
Status:NOT QUALIFIED
Need 0 more hours to meet 750-hour test
Hours Breakdown
Your RE Hours:750
Spouse RE Hours:0
Combined:750
Total Personal:1000
RE Percentage:75%
Filing jointly: Spouse hours count toward both tests.
Material Participation
Properties:3
Avg Hours/Property:250
Total Property Hours:750
Properties >100 hrs:3
Properties >500 hrs:0
Self-managed: all hours count toward REPS.
Documentation Score
Score:60/100
Audit Risk:High - does not meet tests
Adequate documentation but strengthen for audit protection.
Passive Activity Impact
Without REPS:Limited to passive income only
With REPS:Can offset active/W-2 income
Need 0 more RE hours to meet 750-hour test. Increase real estate activity time.
REPS Key Points
- >750 hours in real estate activities
- >50% of personal services in RE
- Both tests must be met
- Spouse hours count if filing jointly
- Keep detailed time logs
- Material participation per property
- Self-management preferred
- Can offset active income losses
- Audit risk high - document well
- IRS challenges REPS claims often