If I choose no, it says "Since you didn't try to rent the property at all in 2023, it's not considered a rental" and to delete the property from my return.From what I can find, IRS Publication 527 does not mention advertising/trying to rent the property as a requirement.

I'm guessing the property is on public water and sewer?

I have some experience in real estate through my career in public accounting.

Do your research on it you’ll see for yourself.I’ve tried to find optimal PriceLabs settings but haven’t found any public info for a great strategy yet.

Look for areas with low vacancy rates, good schools, and proximity to amenities like shopping centers, parks, and public transportation.

Its up to the public to decide to trust them with an up front deposit or not..

Since the March 31 FOMC meeting, there has been an incessant flow of Fedspeak from various public engagements.

In a scenario where the landlord resides in the same building, It may be wise to hold off on making substantial investments in the apartment where the landlord plans to reside for the first 3-4 months,This approach can help prevent any perception of discrepancies in the living standards between landlord and tenant.

It has been lucrative over the warmer months (April - September) and has allowed me to make upgrades to my building, however, I don't believe STR's in Anchorage will make sense once the city passes its new regulations.https://mustreadalaska.com/public-hearing-new-short-term-rental-licensing-fees-and-fines-proposed-for-anchorage/?

Just read some actual real life publications of this happening in the San Bernadino County California so this type of project is definitely possible.