The 750 Club is tailored for professional real estate investors seeking to comply with specific IRS requirements necessary for obtaining the tax designation of “Real Estate Professional Status” (REPS). According to IRS guidelines, taxpayers must dedicate over 750 hours annually to providing personal services in a “real property trade or business” (RPTB) where they materially participate.
The primary objective of the 750 Club is to facilitate the tracking of hours dedicated to various properties through a user-friendly application. This app allows users to log their activities in accordance with IRS tax code, specifically IRC Section 469(c)(7).
Utilizing the 750 Club app enables users to categorize their logged time by property, category, and activity types. This feature is invaluable for generating comprehensive reports necessary to support and validate REPS status with the IRS. It is advisable for users to consult a CPA for personalized advice tailored to their individual circumstances.
For more information, please refer to the Terms & Conditions and Privacy Policy.
Overzicht
The 750 Club is Freeware software in de categorie Business ontwikkeld door Lehner Digital, LLC.
De nieuwste versie van The 750 Club is 1.0.14, uitgegeven op 29-12-2024. Het werd aanvankelijk toegevoegd aan onze database op 29-12-2024.
The 750 Club draait op de volgende operating systems: iOS.
Gebruikers van The 750 Club gaven het een beoordeling van 3 op 5 sterren.
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