If you didn't, seems like a bad / inexperienced accountant to suggest such a thing.In my opinion, its the same as telling someone to go to a trade school and get a new career.A STR can help you lower your taxes but I would only do it if you were planning to purchase a STR.A STR is a business, you are responsible for furnishing the house, responding to guests, providing a great stay and experience, etc

It would be difficult for anyone to claim an STR is not residential with that definition.The difference between STR and MTR or LTR is the length of stay.  

A lot of investors prefer to stay in the C class because that is where you get the best cash flow. 

Hell, my family came to town to visit and I bought furniture and they all stayed there before it was mine :-)

It specifically calls out stays of less than 7 days, though.

He says it's in good condition, could use AC and a heater, maybe some new siding but otherwise in good condition.He has a renter there paying $1600 month to month who wants to stay but has no long term lease. 

But would prefer to stay away from the far ends of the spectrum (dilapidated or fully renovated).Thanks again for the reply Joe You will get the owner's name and address from the tax records, not phone and email.

Though I know it's possible for rent and prices to go down, I'm willing to bet this city is here to stay. 

Stay with Airbnb/VRBO?

Suspect that’s sufficient for most US-based hosts since other channels are more popular with the globally channel managers like BookingAutomation, Lodgify, and others but is a gap for attracting international stays. 2.