Qualifying for a short-term rental to be non-passive doesn't give you REPS. 

In short, they buy the BS, there mor easily influenced.

As a Pacific Northwest native, I’ve seen firsthand how the region’s unique blend of natural beauty, vibrant cities, and year-round attractions make it an incredible place for short-term rental (STR) investments.

So i bought a home back in September 2022 in Kansas City Mo with 7.37% interest and I remodeled the home by putting a 2nd full kitchen and remodel the main bathroom almost putting close to $30k I have a remaining balance left of $275k in loan, I had to relocate to Dallas due to unexpected job transfers in 2024 May such a short notice didn’t want to put the MO home back on the market and loose money.

So in short.

Keep it short term with only a year in mind.

This property also launched my short-term rental journey, running our first Airbnb before transitioning it to a steady cash-flowing rental, allowing us to scale into bigger projects.

I am from out of state so wanted less maintenance in the short term while I build my portfolio and grow to the point where I am comfortable hiring a manager!   

Seems to me there is only upside for them but no share in any downside if the unit is not leased to short term stay occupants.

This means you’ll pay short-term capital gains tax at your regular income tax rate.2.