Under this rule, if your average stay is seven days or less and you materially participate in managing the property, you can treat it as non-passive income and potentially use tax losses (like depreciation) to offset other income.

It was nice to have a virtually private workshop with 3 experts, but I am certain most people who paid wanted to attend.  

I am by no means an attorney or an expert.

Im not an expert and you definitely should consult a CPA but I believe the year in which you do the cost seg you would need the participation hours, so it does sound like 2024 would be out by 2025 could be possible. 

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

Load bearing vs non load bearing etc.

Better to pay an expert and get solid info on your lot.   

Since most real estate purchase agreements do not assign value to each category, taxpayers must understand what options are available to determine the appropriate allocation to land and building.Taxpayers are required to separately identify the value of non-depreciable items (i.e., land) from the depreciable building and site improvements.

You/Me need to become the absolute experts on this--its your blood sweat & tears. 

However, structuring this in a way that complies with tax law would likely require expert legal and tax guidance, as it involves partnership agreements and IRS regulations.