They must satisfy "material participation" test for their STRs to utilize the strategy.

If property is done right even in todays market you can hit 1% rule and attract very desirable college students.

Hello everyone! This for me feels like a big leap in my life. Admitting to myself and to others that real estate investing is something that I want to pursue with everything I have is a big first step for me. I have n...

It is hard to really keep up with those kinds of trends unless I budget 10k a year in updating the property which I am not going to do.I participate in our local council/mayor meetings.

By "Tax Loss" I mean that it is likely that without depreciation your property is cash flow positive.If you Materially Participate in the management of your portfolio of rental properties, that loss will be treated as Non-passive, and will flow through to page one of your Form 1040 tax return.  

I'd like to invite you to participate in a group I host called THE MTR Connect.

@Jonathan B.Assuming you pass the "material participation" test for 2023 and did not use the property yourself (or used very little), you should be able to treat it as an STR for 2023, including bonus depreciation.  

You can break it out by general RE activities and material participation.

Do you see any cases where a non-professional could safely participate in one of these with the right approach?

New Member looking to learn about, and participate in Real Estate wholesaling.