Enrolled Agent Exam [Part 2] 100, Real Estate Professional Status and Material Participation

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The two strict tests required to qualify for Real Estate Professional status (the 750-hour and more-than-50% tests). - Why qualifying as a professional is only the first step to deducting rental losses. - The crucial difference between qualifying as a professional and materially participating in a rental activity. - How the election to aggregate rental properties into a single activity works to meet material participation tests. - The most commonly tested material participation rules, including the 500-hour and 100-hour tests. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep