Track Your 750 Hours and Qualify forReal Estate Professional Status
Log your hours in seconds from any device. Qualify for REPS or the STR Loophole with audit-ready records your CPA will love. Start free. 5 hours included, no credit card required.
Built by a Real Estate Professional Who Actually Qualifies for REPS
REPS Time was created by Jennifer Beadles, a real estate investor with 17 years of experience and an 8-figure rental portfolio spanning multiple states. She built this app because she needed it herself. After years of tracking Real Estate Professional Status hours on spreadsheets, notebooks, and cobbled-together systems that no CPA would feel confident defending in an audit.
Jennifer doesn't just build software for real estate investors. She is one. She actively qualifies for REPS every year, manages properties across multiple markets, and coaches hundreds of investors through the process inside her ROI Inner Circle community. Every feature in REPS Time exists because she hit a real problem in her own tax strategy and built the solution.
What is REPS?
The Most Powerful Tax Strategy for Real Estate Investors
REPS stands for Real Estate Professional Status, and it's one of the most powerful tax strategies available to real estate investors. If you qualify, you can use rental losses to offset all of your income, not just passive income.
750+ Hours
Spend 750+ hours in real estate activities per year to meet the minimum requirement
Primary Focus
Spend more time in real estate than any other job or profession
Documentation
Maintain detailed records to prove your qualifying activities
The savings can be massive, but only if you can prove your time. That's exactly what Reps Time was built to help with.
Short Term Rental Tax Strategy
The STR Loophole Explained
The Short Term Rental (STR) Loophole is a powerful tax strategy that allows real estate investors to use depreciation from short-term rentals to offset W-2 and active income, without needing Real Estate Professional Status.
Average Stay < 7 Days
Your property must have an average guest stay of 7 days or less to qualify as a short-term rental
100+ Hours & Most Time
You must materially participate with 100+ hours AND more time than anyone else on the property
Offset Active Income
Use bonus depreciation and cost segregation to create paper losses against your W-2 income
Why This Strategy Works
Unlike traditional rentals that generate passive losses (only offsetting passive income), the STR Loophole reclassifies your rental as a non-passive activity. Combined with cost segregation and bonus depreciation, you can generate significant paper losses to reduce your tax bill, even with a profitable property.
Proper documentation of your hours is critical. REPS Time helps you track every minute to prove material participation and protect your deductions in an audit.
Free Guide
The Real Estate Investor's Guide to Qualifying for REPS
Get our comprehensive guide with expert tips on increasing your qualifying hours, maximizing material participation, and maintaining proper documentation for the IRS.
Built for Real Estate Professionals
Qualify for REPS Status With Confidence
Track hours efficiently, maintain perfect records, and maximize your tax benefits.
Save 4.5h Weekly
Quick Tracking
Log your hours in seconds with quick-tap tracking from any device: phone, tablet, or desktop.
100% Accuracy
Smart Calendar Sync
Automatically import calendar events to track material participation hours. Never miss qualifying time.
Tax-Ready
REPS Qualification
Track your progress toward the 750-hour requirement. Stay confident in your real estate professional status.
IRS Compliant
Audit-Ready Reports
Generate detailed reports showing material participation hours. Perfect documentation for tax season.
Never Miss Hours
Smart Reminders
Get timely alerts to log your hours. Stay on track to meet your yearly requirement.
Always Available
Work Anywhere
Track hours from any device: phone, tablet, or desktop. Your data syncs across all of them automatically.
Latest Insights
Expert Resources for REPS Success
Stay informed with the latest updates, strategies, and insights for real estate professionals.
Mar 16, 2026•18 min read
How to Keep a Contemporaneous Log for Material Participation (2026 IRS Guide)
Learn how to create and maintain a contemporaneous log for material participation hours. IRS requirements, what to track, templates, and audit-proof strategies for REPS qualification.
Does House Flipping Count Toward Real Estate Professional Status?
Flipping hours count toward the 750-hour REPS test, but they won't help you deduct rental losses unless you also materially participate in your rentals. Here's the full breakdown.
Can You Qualify for REPS If Your Rentals Are Out of State?
Yes, you can qualify for Real Estate Professional Status with out-of-state rentals, but proving material participation from a distance requires strategy and documentation.
Can You Qualify for REPS If You Have a Property Manager?
Having a property manager doesn't automatically disqualify you from REPS, but it makes material participation much harder. Here's what investors need to know.
Real Estate Agents: You Probably Still Need to Track Your Hours for REPS (Here's Why)
Think your real estate license automatically qualifies you for REPS? Learn why licensed agents still need proper hour tracking to meet IRS requirements and avoid audit risk.
Cost segregation is an IRS-approved tax strategy that accelerates depreciation deductions on real estate, allowing property owners to significantly reduce their tax liability in the early years of ownership.
Reclassify Building Components
A cost segregation study identifies components of your property that can be depreciated over 5, 7, or 15 years instead of the standard 27.5 or 39 years.
Bonus Depreciation
Combined with bonus depreciation rules, you may be able to deduct a significant portion of these reclassified components in the first year of ownership.
Immediate Tax Savings
By front-loading depreciation deductions, you keep more cash in your pocket now rather than spreading the tax benefit over decades.
Who Benefits Most?
Cost segregation is especially valuable for REPS-qualified investors and STR Loophole participants who can use real estate losses to offset active income. The larger your property value and the higher your tax bracket, the greater your potential savings.
Customer Reviews
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Real reviews from real estate professionals using REPS Time.