An STR hot tub is a completely different beast. 1) Hotels and fitness centers have staff that are checking chemicals twice a day to ensure the appropriate balance is being addressed, STRs do not have that luxury.2) You can educate your guests all you want.  

But ensure it is legit, if you are audited, and you didn't rightfully take the position, it's not just the tax - you'll be hit with late payment penalties, substantial underpayment penalties, interest, and potentially fraud related penalties if it can be determined that you knew you didn't meet the qualifications but claimed it anyways. 

Or, if they do, ensure those restrictions are amenable to your strategy and goals.Hope this helps - best of luck to you!

Ensuring that each partner feels their contribution is valued will lead to a stronger, more cohesive partnership.Good luck,Drago

Together, we leveraged our resources to swiftly complete the transaction, ensuring both efficiency and profitability.

Your CPA should apply these passive losses now that the activity has been fully disposed of, ensuring the gain is correctly offset.This post does not create a CPA-Client relationship.

As for your lease, Section 8 requires a Housing Assistance Payment (HAP) contract, but your existing lease can often still be used, with some modifications to ensure compliance with Section 8 requirements.Who Decides the Rent?

I self-manage and have a pretty efficient network of Excels to show this data.

But based on what you are saying, I would suggest on ensuring this property meets your criteria.

Does anyone have a good podcast or direct experience with starting a cleaning company and paying the cleaners on W2, possibly even benefits, to ensure quality work?