The numbers and the ability to participate in a highly underserved segment of the market with Sect 8 and Vouchers made sense.

Basic services like garbage collection don’t qualify.Material participation: Owners must pass one of the seven material participation tests, such as:You spend more than 500 hours working in your short-term rental business.You carry out all the necessary tasks to run the business yourself.You work more than 100 hours in the business, and no one else contributes more time than you do (this is often considered the best and easiest test to meet).

I have included a slide on cost segregation analysis and how our interior design work can help to support with the owner's material participation hours and furnishing, upgrades to the property, including landscaping can all factor into that analysis. 

You can take participant loans from a Solo 401k, but not an IRA.

I actively participate in Bexar County and Texas County and have been since 2017.There are some true statements and false statements in the comments.

Finally, make sure that your short-term rental (STR) meets IRS requirements and doesn't get classified as long-term or this could prevent you from leveraging this tax strategy event though you are materially participating in property and it was placed in service.

Passive activity losses are those losses from activities in which the taxpayer doesn't materially participate.

Finally it is not helpful for a debate or discussion when participants don’t bring facts or their personal experiences but rather resort to specific political talking points. 

A borrower must choose his or her own contractors to perform the needed renovation.Ø All Contractors participating in the HomeStyle Renovation Program must complete a Contractor Profile Report.

I never understand people that dog the *voluntary* sites they participate in; if things are so bad around here, why not just leave and go somewhere else?