Forbes Tax Article: Who Is A Real Estate Professional

Thank you Alan, I've just added this article to my collection (there is a "Print" icon way at the bottom). This same guy also wrote a really good article in Forbes about the NII tax in the last half year.

I took a little consolation in his summary where he observes that this stuff is not easy for anyone to understand, not the judges, not the big firms, not the IRS.

He wrote a thorough analysis in 4 parts:

Overview Of The New 3.8% Investment Income Tax, Part 1

Overview Of The New 3.8% Investment Income Tax, Part 2: Passive Activities Overview Of The New 3.8% Investment Income Tax, Part 3: Property Gains Overview Of The New 3.8% Investment Income Tax, Part 4: Rental Income And The Real Estate Professional

Example: My own 2003 USTC Memo decision.

based on my own research, it seems the Nitti articles on real estate professional rules are well done.

Where is the link to the "wrong" Forbes article you refer to?

based on my own research, it seems the Nitti articles on real estate professional rules are well done.

Where is the link to the "wrong" Forbes article you refer to?

================My rebuttal to two articles (one Forbes, one other) is at:

have there been any decisions on these issues since you got gypped?