The material continues to get better and better.

We appreciate your business, and we hope you continue to be happy in your home.In recent months, property taxes and school taxes have increased, and the costs of labor, materials and insurance premiums have increased significantly.

In which case, splitting out the rental portion of the activity from the operating portion would help reduce the exposure to self employment tax3) One is a qualified real estate professional for tax purposes...but wouldn't be a material participant in the hotel activity. 

COVID, of course, didn't help much to get this idea materialized.

Cost Savings:By acting as your own general contractor, you can potentially save money by avoiding the markup that professional GCs add to subcontractor fees and materials costs.2.

I’m seeing that some investors advocate for higher end materials when you can-granite counters, stainless steel appliances, tile bathroom.

Because all these new construction homes were either started or finished during high inflationary times in regards to both materials and general real estate.

Because of material participation I can deduct that $350k vs other income.Using combined federal and state tax rate of 40% x $350k = $140k in immediate tax savings.

Its handy for me to store maintenance materials, lumber, vanities, applicances, etc, for my other properties.

My guess is materials from stores like Home Depot or Lowes.