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.

What is the timeframe you are looking at?

And, while buying off-market properties sounds appealing, purchasing a property solely because it's inexpensive may not provide the results you are seeking.

Even better, spend a few hours in the forums at degreeinfo.com learning how to get a degree quickly and relatively inexpensively. 

If you dont get your project done in a certain time frame from DC, you get a special tax or abandoned building fee for maybe 20k a month. 

There is a seller right now that I have submitted an offer for a client, and the HML is foreclosing on the seller since they are up at their timeframe and they have to sell below the profit line for the seller and also below how much she spent on the rehab..

I did not call the insurance adjustor yet because I wanted to fix the roof asap because its been raining every day3) Since they switched the insurances on me after the hurricane, I will be asking the insurance that held the coverage during the hurricane to replace the roof (if I go that route), is there a time frame where the insurance company will refuse to cover and say that they wont cover because it was too long ago?

The deal exemplified our strategic approach to quick flips, capitalizing on opportunities with minimal investment, and yielding a solid return in a short timeframe, further strengthening our partnership with Archie Raglin.

This project was a clear success, showing how speed and market knowledge can turn minimal investment into a substantial profit in a very short timeframe.

If location isn't a big factor (does not seem to be based on original post) I would highly recommend looking into building a barndonium or shouse in an an area where you can get a tract of land fairly inexpensive and has little zoning regs and requirements.