For the STR tax loophole don't you only need 100 hours?

I would first start looking at the various strategies for saving massively on tax, mainly the short term rental loophole and real estate professional status and then decide if these strategies align with your goals.

Here’s a video describing the short-term rental loophole.

Strategies like REPS and short term rental loop hole can be complex and expensive to get wrong from a time and money perspective. 

This causes them to be walking a tight line following the minimum requirements for the short-term rental loophole.

This post is for the STR investors who are looking to take advantage of the STR tax loophole which allows you to write off paper losses against your active income.

Hello, a lot has been written about the "STR Loophole". 

But there are a number of exceptions, including if your income is under $150k, real estate professional status, and the STR loophole. 

This seems like an easy loophole, which makes me think there is a laws preventing it. 

All available loopholes, which allowed deregulation of units were, unfortunately, closed by our elected officials, except the substantial rehab strategy, which requires 80% vacancy throughout the building and 75% replacement of all building-wide systems, you are essentially forced to renovate the complete building and still at the mercy of DHCR.. which has the final saying