Solana Beach, CA – REPStracker LLC has just launched a next-generation mobile app that streamlines the way hours are documented for Real Estate Professional Status for tax purposes. With powerful features to simplify the Real Estate Professional Status (REPS) documentation process, the REPStracker mobile app helps to track REPS progress in real-time. This saves real estate professionals from guesswork or clumsy math and allows them know where they stand with REPS hours so decisions can be made accordingly before the end of the year.
Born out of necessity, REPStracker is the product of a real estate investor claiming Real Estate Professional Status. The idea came after struggling to find a convenient way to keep current and meticulous time logs on the go. She knew that there had to be a better way than excel spreadsheets and generic time tracking apps manipulation and the REPStracker proves that. In addition to being able to log time entries as you go, wherever you are, the app is also enabled for evidence integration. REPStracker uploads supporting evidence for each time entry. This protects the user in the case of future audits. Again, all data is stored securely on the cloud in case of device theft or loss. Data can also be downloaded onto a hard copy backup at the touch of a button.
According to J.A, “REPStracker demystifies keeping track of material participation and REPS hours. It is at your fingertips and you can easily track as you go without missing a beat. With easy prompts it will help you organize your REPS hours (while minimizing logging time) and provides the peace of mind that REPS hours are maximized, logged appropriately, and audit safe. Highly recommend to anyone investing in real estate from the full-time REPS to the part-time REPS with other jobs and high demands on time and even those contemplating REPS status.” Another user, A.A., also said, “I came across REPStracker just as I was about to start working on my REPS hours. I find the app extremely useful for logging my REPS hours contemporaneously and on the go. This app is intuitive, easy to navigate, and quite responsive when uploading my data, pictures, and files.”
The possibilities that the mobile app presents are beyond useful for real estate investors.
From keeping all-time entries and documentation in one place to quickly and easily tracking your progress towards REPS, the app gives users a breath of fresh air. This allows professionals to strategize with their CPA and make educated investor decisions throughout the year so December doesn’t come with any surprises.
Media Contact
Company Name: REPStracker LLC
Contact Person: Support Team
Email: Send Email
Address:991 Lomas Santa Fe Drive, Suite C135
City: Solana Beach
State: CA 92075
Country: United States
Website: https://repstracker.com/