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Updated 10 months ago,

User Stats

12
Posts
10
Votes
Vikranth Biradar
  • New to Real Estate
  • San Francisco, CA
10
Votes |
12
Posts

Qualifying for Depreciation using STR

Vikranth Biradar
  • New to Real Estate
  • San Francisco, CA
Posted

My short-term rental is out of state but I manage it remotely (mostly guest communications and troubleshooting issues) and if I include in that the time I spent getting it ready to rent, I would say I materially participated and even more than anyone else (i.e. cleaner). Can I claim the losses as active against W2 income? I am trying to figure out how far can my STR be to show I am material participation

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