We are looking towards STRs in order to lower our W-2 taxable income via cost seg and bonus depreciation.I believe my line of work qualifies me as a REP, but what I am not clear on is whether I would still need to meet the 'material participation' requirements in our rental business in order for our losses to be non-passive.

@Earl White rent control and relocation costs equals NOT landlord friendly in my opinion.

Would you rather set it and forget it and not need to refi again or rather take advantage of low/no closing costs on this loan and plan to be more aggressive on your rate at the time of your refi?

It costs me $1,500 to evict a tenant with it usually taking two-three months.

. - WRT income, at a minimum it has to cover all of your costs plus some for unforeseeable expenses.  

How about opportunity cost?

The math for investing was pretty obvious to everybody that it would be hard to lose money by buying a home for 50% to 70% of the rebuild cost.

Given the latter costs, a corporation can be the best solution only if you buy multiple properties.

There are no upfront costs so why not establish a relationship with someone who actively represents real estate investors and move forward with vetting your ideas.Best.

I've gathered more knowledge than I can implement with all the BP content and other materials, lol.