If you don't have an entity, this is a Schedule C activity.

They actively try to recruit people in mine.

Quote from @Andrew Lawlor: I've been actively investing in short-term rental properties for the past three years, managing one live property and another that will go live in two months.

While my husband and his ex make a similar income and do not exchange child support due to us pointing that out in court a couple of years ago, she actively request all financial documents that she possibly can and examines our taxes, etc. 

The marketing copy and photo captions, professional photos, and weekly activity on the OTA listing, makes a big difference in bookings.

Quote from @Jake Bute: Good Afternoon,I listened to Wheelwright's podcast the other day discussing how short term rentals do not have the same rules as long-term rentals when it comes to some of the tax laws around active/passive investing.

This TDR is a new program that has been in development for 30 years and should ignite into an active free market for credits this coming July 15.

This community and forum have been an absolute treasure trove of information and Id love to actively contribute along the way.cheers! 

@Marcus Auerbach How many hours of active management per week would you say it realistically takes to manage 50 units yourself?

I currently have sold a few residential homes in my time as a realtor, but I'm more-so looking to become an active real estate investor and agent.