He confirmed that my property was no longer active in their system.

While passive activity losses (PALs) are allocated to each property, when determining how losses can be applied, the total passive income and losses across your properties are considered as a whole.

@Matt McCurdy Hey Matt, is this group still active?

Example: the intention of Passive Activity Limitation (PAL) rules is to prevent high-income earners from reducing their taxes by merely investing money into real estate.

Why can't the investors simply invest with a GP who is active in that market?

Should someone damage one of those, I feel fairly confident that I could scrape together enough spare change to replace them, without it bankrupting me. lol I was simply asking for recommendation on who people on here use for liability on their STR's that would cover the things like animals and outdoor activities.

., C Corp, and an LLC for an active business I bought. 

@Mimi Takele The answer is - maybeThe main question is when did you complete the start-up phase and became actively engaged in business?

I am actively search for a real estate coach.

Inventory has held around 5-6 months for most of 2024 so far, with roughly 15% more active listings on the market in the metro area compared to August 2023.