If your income is above $150,000 and you are not eligible to claim real estate professional status, your rental losses become suspended into a future year.The suspended losses can be utilized in one of a couple ways1) You dispose of the property2) You generate passive income from this property or another property

Any claims?

So, ask your attorney about insured losses and claims.

I found the following:Idle PropertyContinue to claim a deduction for depreciation on property used in your rental activity even if it is temporarily idle (not in use).

He claims propriety information to a masterclass for $525 which basically lays out 8 Airbnb Rule Sets to maximize revenue (which he has used himself to grow into a multimillion dollar business)     Same-old, same-old, right?

The only exception(s) to this (if any) are the items reflected on theaccompanying Escrow Holdback Agreement, if applicable.Citizens is authorized to disburse the final draw in the amount of $________________ in accordancewith the executed Disbursement Authorization on file.It is understood that, in the event the Borrower(s) are dissatisfied in any way whatsoever with theremaining construction after completion by the General Contractor, their sole recourse is against theGeneral Contractor.Borrower(s) and General Contractor, jointly and severally, agree forever to fully protect, defend, andsave harmless Lender from and against any right, interest, claim, and each and every of them, ofBorrower(s) or General Contractor against the Lender, against all losses, costs, damages, and attorneyfees and expenses of every kind and nature which the Lender may suffer, expend, or incur under or byreason or in consequence of holding the remaining proceeds as provided herein."

If this message does not get anyone to helpme fix this issue then I will have to call my credit card and file a claim.....UnfortunatelyI seem to have run out of options.

@Matthew Gunderson yep, get ready to start paying for the 2020 derrecho and the countless hail claims. 

If the conversion of use doesn’t trigger any depreciation recapture or other negatives, then I could theoretically: buy a home, rent it as an STR for one year, claim all my bonus depreciation to offset W2 income, and then covert it to an LTR year 2.

I know there are some platforms out there that walk a fine line, but claim to be compliant.