Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
STRs - Schedule E, Vacation home or Commercial
I am trying to understand what a STR would be considered in terms of the IRS on Schedule E.
In my particular situation this is a true STR (average stay less than 7 days) I self manage the property and materially participate, and I do not stay at the property for personal use.
For Schedule E - would this mean I select "#3 Vacation/short term rental" or "#4 Commercial" for the Property Type?