Streamline Your Tax Benefits with REPStracker
REPStracker is a must-have mobile app for real estate investors and vacation rental owners aiming to maximize their tax benefits. This app simplifies the process of claiming Real Estate Professional Status (REPS) and Short Term Rental (STR) tax benefits, making it easier to manage your real estate endeavors efficiently.
With REPStracker, you can track your REPS and STR progress in real-time, eliminating guesswork and manual calculations. The app allows you to log your material participation hours on the go, whether you're at a hardware store or waiting on the phone with your mortgage broker. Say goodbye to relying on faulty memory or waiting to record time entries on your desktop.
The app offers convenient manual entry and a built-in timer function, ensuring accuracy and strengthening your case in case of an IRS audit. You can also record hours for your spouse or team members in the same account, simplifying the process of tracking everyone's contributions. Moreover, REPStracker enables you to upload supporting evidence for each time entry, providing added security in case of future audits.
All your data is securely stored in the cloud, eliminating concerns about losing information if your phone is misplaced. For those who prefer hard copies, you can effortlessly download all your time entries with a single touch. Take charge of your real estate investments and optimize your tax benefits with REPStracker.
