Discussion:Real Estate Professional
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Discussion Forum Index --> Tax Questions --> Real Estate Professional
| 19 March 2006 | |
| Would a mortgage broker classify as a real estate professional? | |
| 20 March 2006 | |
| The Service issued a ruling that a mortgage broker is not engaged in real estate trades or businesses -- even though state law may require him to have a real estate broker's license. | |
| 19 October 2006 | |
| Riley -
What ruling is that? I have never treated their activities toward qualifying as such, but I would be interested in citing authoritative literature. | |
| 20 October 2006 | |
| This was a TAM issued quite a few years ago. I believe that the TAM has since been withdrawn. Not sure why. Clearly, lending activities are not included in the definition contained in Sec. 469(c)(7). | |
| 20 October 2006 | |
| For more info see chapter 2 of the Passive Activity Loss Audit Technique Guide at irs.gov | |
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