Otherwise, considering our past use and preference over hotels, this is an ok cost.  

The second piece is whether or not you pass the Material Participation Tests found in IRC 469 and the third piece is whether your participation rises to the level of Substantial Services (think hotel, B&B).4) My CPA Says I can't deduct a loss that was generated! 

Real estate investing is what your all about in this post, the podcasters have moved on to more of a hotel type business, involves real estate but more importantly it’s a hands on business not a real estate investment.

When lawmakers wrote these provisions, they were originally intended to be used by hotels and motels rather than VRBO and AirBnB hosts.

Also, NYC is dead. 120 hotels house illegals!

I won't be investing in the riskiest/most supportable asset subclasses such as hotels, and tilt my portfolio the ones that have historically been more stable such as multifamily and single-family housing.

We take on 100% of the liability, do all the work and sometimes even put our own cash on the line and only get a portion of the deal (sometimes as low as 30% or even 20%).If I want to know more about Phoenix (as I buy hotels all over the country), hope I can chat with either of you.

Families were still staying in hotels, not aware that for around the same price, they could be in a private home with a pool. 

STRs in their current form are simply big hotels, and legislation has been slow to catch up because in their original form they were more conducive to residence (someone crashing on your couch for $39/night).  

(about $20K in profits) I've developed and perfected a strategy to manage these tenants (and I'm a Hilton/Marriott hotel General Manager so its not difficult for me)The only thing(s) that are in our way from scaling quickly is;1) a consistent unlimited supply of tenants looking to rent bedrooms, 2) a partnership with a rental management company (we arbitrage 50% of our homes)3) I guess some capital but really only depending on how quickly we decide to scale.MyRoom is the name of the company, (lazzarapm.com) anyone have any thoughts, recommendations, suggestions on how to achieve this, FAST?