Can a husband and wife combine their time working on real estate to meet both the 500 material participation requirement and the 750 hours to meet the REPS requirement?

Yes, a husband and wife can combine their time working on real estate to meet both the 500 material participation requirement and the 750 hours to meet the REPS requirement. This is because the IRS considers spouses to be one

Examples of Material Participation for a Professional Real Estate Investor

As a professional real estate investor, material participation refers to your level of involvement and activity in managing your real estate ventures. It demonstrates that you are actively engaged in the operations of your investments, rather than being a passive