I'm wondering if I can qualify by using just 1 or 2 bookings (under 7 days of course) for the year.Hello Carolyn, To qualify for the short-term rental (STR) tax loophole and meet material participation requirements with only two months left in the year, the IRS does allow material participation to be spread over a short time frame, as long as you meet the specific thresholds.

My lender won’t allow me to occupy any of the properties they lend on, and which are owned by the LLCs.  

The STR loophole allows you to treat the real estate as an active business which can therefore offset other active income (i.e.

Quote from @Jenni Utz: This looks like an AI post, which is not allowed on BP.Please write fresh content with your own words from your personal experience.

The good thing about househacking a legal multifamily unit is that lender allows you to use the vacated units of 75% market rent as an income to offset the potential current mortgage.

One solution would be to allow licensed brokers to follow the wholesale business model (=allowing wholesalers to be licensed), but I can't see lawmakers go for that; consumer protection concerns.

It’s probably a smart move that you did not allow the seller to talk you into closing prior to having access/possession of the property.

again this is my perspective I was the largest HML in Jackson market from 03 to 08  and lived there for one year cleaning up all the foreclosures I had from failed landlords in 09  I lived out at Reunion which is great neighborhood but you not allowed to rent homes there..

., while John has a lot more experience than I do, and no real estate investor wants to be a restaurant operator, there are some upsides to Option 1, as I see it.The lower base rent could allow the Option 1 tenant to remain open throughout a recession, while option 2 may decide to close down the sales drop, if rent is too high.But beyond that, are a lot of factors that I would assess:Who is the actual guarantor on each lease?  

And even though virtually every sponsor agreement allows me to share investment information with others who might be advising me on it (especially when club members are bound by an NDA), I still ask the sponsor if I can share it, because it's a test.