Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

284
Posts
85
Votes
Kyler J Sloan
  • Investor
  • Maggie Valley, NC
85
Votes |
284
Posts

Passive Losses for STR's

Kyler J Sloan
  • Investor
  • Maggie Valley, NC
Posted

Is there any way that STR rental income can be considered "active" from a tax standpoint?

I spent a lot of my time working on renovations myself, and manage it myself, but I have not manually tracked the time invested. 

Thanks in advance for any thoughts. 

Most Popular Reply

User Stats

2,174
Posts
1,437
Votes
Albert Bui
  • Lender
  • Bellevue WA & Orange County, CA
1,437
Votes |
2,174
Posts
Albert Bui
  • Lender
  • Bellevue WA & Orange County, CA
Replied
Quote from @Paul Sandhu:

I like to make money with my STRs, I don't want to lose money.


 Theres losing money in real life and losing money on paper, real RE investors like to lose money on paper and make money in real life. 

  • Albert Bui
  • Loading replies...