Estate
What is real estate professional status?
Quick Answer
REPS is an IRS designation under Section 469(c)(7) that converts rental losses from passive to non-passive. Qualifying taxpayers fully deduct rental losses against W-2 or business income, with no $25K cap and no MAGI phaseout.
Warren Team
Updated April 26, 2026
36
Warren Team
Updated April 26, 2026
36
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