I assume you are using professionally prepared loan documents, yes?

What is Real Estate Professional Status?

The same applies to buying businesses whether it’s online businesses, plumbing companies, or professional services like a CPA rollup.

Most of our tenants are traveling healthcare professionals, so we’ve tailored our lease terms to meet their unique needs.If a tenant needs to terminate the lease early due to their contract being canceled, we allow them to break the lease without a fee, as long as they can provide proof.

Readers should seek professional advice.

@Nathan M kieferI recommend that you get professional financial/tax advice.

It's advisable for both spouses to communicate openly about such financial decisions and consider consulting with a legal or financial professional for tailored advice.

Readers should seek professional advice.

This year is the first year I will qualify as a real estate professional and be able to take some aggressive deductions through things like cost segregation studies.

.)- If use the property more than 15 days or 10% of the time it becomes a residenceI suspect this is part of why the STR trend has picked up so greatly amongst professionals working in tech.