Further, the writers conclusions are usually “a stretch” based on the data we have. 4.

If you are really serious and have the fortitude to succeed as an investor, please do you due diligence, continue to research your niche whether it be Fix and Flips, Wholesaling, Buy and Hold, etc, try to find a REAL MENTOR who is not money driven who will actually help you by giving you the real DATA you need to become a success and meet whatever real estate goals you have set out for yourself..

My plumber went and discovered tush wipes sitting ON the toilet tank while trying to test the toilet.

However, before you switch agents, I recommend you gather up a bit more information.You should request recent comparable sales data that will help determine whether the problem is a "slow market" or an incompetent and ineffective agent.Has anything sold near the subject property in the last 190 days?

The second piece is whether or not you pass the Material Participation Tests found in IRC 469 and the third piece is whether your participation rises to the level of Substantial Services (think hotel, B&B).4) My CPA Says I can't deduct a loss that was generated! 

Hi Adriana, I did a quick search on that zip code and trend data is showing it's a Sellers almost balanced market.

He has a lot of experience and data for the Vegas area. 

If you’re selling your home to a stranger, have a solid contract that has been tested in the courts.

And even though virtually every sponsor agreement allows me to share investment information with others who might be advising me on it (especially when club members are bound by an NDA), I still ask the sponsor if I can share it, because it's a test.

There are seven tests, however the most relevant tests for STR investors include:Perform substantially all the work related to the activity.Participate over 500 hours during the tax year.Participate over 100 hours during the tax year and no one else participated more.If your property meets one of the exceptions above AND you meet one of the above tests, you can qualify to treat your rental activity as non-passive.