Time Tracking
REI Hub now offers time tracking functionality. The hours you spend working on your rental property business are not deductible expenses, and will not be reflected in your financial reporting. Time tracking can help investors qualify for preferential tax treatment including real estate professional status or the QBI rental real estate enterprise deduction.
To track your time:
1) Navigate to the Time Tracking page. Access it under the Organization menu item.
2) Click the Add Hours button
3) Fill out the fields as appropriate
- Date and Hours are required fields. Property and Description are optional.
- After entering the appropriate data, click Save Hours.
4) View, Filter, or Edit trips from the Time Tracking page
- Excel export functionality is coming soon!