Whether or not there is a self-employment tax attached is based on whether or not you materially participate in this business.

I did look at some of the material participation criteria and we should easily surpass the requirements since we pretty much spent time improving the home ourselves, managed all guest communication, etc.Thoughts?

If you have a more extensive full gut rehab you need drawings depicting the work to be performed and material specifications.

The project is anticipated to facilitate access to/from major industries and freight destinations in Mobile and provide hazardous material vehicles a direct route away from the downtown business district.- The overall market has increased by 8.4% this year with the median apartment rent at $950.

Income from a trade or business where a taxpayer doesn’t materially participate.2.

I do my 10-12 doors once every few years and don't see that much lint anymore, but the first time I cleaned some of the properties, they literally yielded a bucket full of material.  

Also, the house is being fully redone top to bottom with good rental and good flip materials for the B community that its in so repairs should be less common than most.The market here is very hot still and this likely would sell quickly.

I wasn't able to find anything from an Internet search...

Unfortunately there are a ton of asset protection services relying on scare tactic messaging through  social media and the internet which ultimately infiltrates real estate forums such as this leading to confusion and anxiety amongst new investors  and finally the upsell of services that are unnecessary.

Nice try though.Myth 4: I'm hands-on, so I materially participate"Material participation" is defined by the IRS, not by your Facebook friends and not by YouTube gurus.