Quote from @Jake Bute: Good Afternoon,I listened to Wheelwright's podcast the other day discussing how short term rentals do not have the same rules as long-term rentals when it comes to some of the tax laws around active/passive investing.

If you don't have an entity, this is a Schedule C activity.

Due to Coachella, I am guessing there is active tourism.

As an active-duty (soon transitioning) Air Force myself, I know the VA loan is a powerful asset for us.

My point is this, I am actively involved/advising this investor, providing local vendors contacts (handyperson, surveyor, painters, etc) and I "don't wait for them to call me", I call them weekly. 

And yes, they ARE actively policing it.

Rest assured, we're actively working on addressing these aspects to ensure a smoother and more reliable experience moving forward.

You need to actively talk to people about what you are doing, ask them for referrals to others that might be interested. 

This doesn't necessarily mean just an investor, but somebody who active works in the space and puts in at least 700 hours of work into it per year. 

It also identifies signer names within the documents, allowing you to uncover the owners behind the ownership entities.Currently, lenders primarily utilize the platform to monitor client and bank activity, but we're exploring options to tailor the tools for investors.