Ask your accountant to read Regs 1.469 and CCA Memo 202151005.You can have Nonpassive Schedule Es under certain circumstances but it appears he is listing it as passive, therefore creating suspended losses.Here is a previous thread: https://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals

Wealthy real estate investors seek out properties with positive cash flows, meaning they bring in enough money to pay for themselves while also offering a favorable return on investment.

Seek professional advice from a real estate agent or financial advisor to ensure informed decisions.

I want to get my first short-term rental by the end of the year! I've narrowed in on some areas I personally enjoy and at first glance seem like they would be good STR markets in the PNW where I live. I've started stu...

Tax Benefits: Florida has no state income tax, making it an attractive location for investors seeking to minimize tax burdens.5.

We have enough coverage that we cannot fathom a lawsuit seeking more damages.Good luck

Hi all,Seeking advice on BRRR (preferred) and other REI opportunities in Milwaukee. 

What about time spent seeking investor as syndication sponsor?

To make the best choice, carefully calculate the financial implications, align with your long-term goals, research the market for larger buildings, and seek advice from a tax professional to navigate potential tax impacts.

If you're willing to bend your timeline a little to give yourself the best shot at qualifying for 1031 exchanges and being super tax efficient with your properties, you could try doing the following: - Hold each successive property for at least 12 months before selling - make sure that you acquire property in one tax year and then don't sell that same property until the following tax yearI want to stress that you do not automatically lose out on 1031 treatment by not taking these steps, and similarly you don't automatically qualify for 1031 treatment by simply taking these steps.