How do we return the deposit?

To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.

He's a really smart guy when it comes to supply, demand, rent control, and overall investing

I see DHCR allows for amendments for previous years but curious if anyone's been successful doing so and how far back can one go? 

May it be a blessing to you and yours.

If they are doing things right, whats good for you is good for them.  

You can usually find some events by doing a simple google search.

@Pat Lulewicz I've though about contacting the news channel that currently has story published about him and his business, though I'm hesitant to do so as it probably opens me up to some liability.

Hi All - I know that in general it is a good idea to avoid HOAs for STR/MTR rentals.

Not sure if you have landlord experience, so Forget the rental idea.California is a high risk venture for any landlord.