I understand what you are asking about and with a short term rental, as long as you meet the guidelines of materially participating, then you can use 100% of bonus depreciation.

I've personally participated in the madness by selling a few of my house flips to these "investors" just baffled by how they are underwriting the deal.

Here are some of the advantages:- Contribution limits 10X higher than an IRA- No need for a custodian - Checkbook control with out the need for an LLC- Lower cost to set up and maintain - Ability to take participant loan - Roth contributions are not subject to income limits- Exempt from UBIT on leveraged real estate- and more!

Hey Account Closed would you still be interested in participating in a meet up?

Simple you get a business you hire a professional manager and your partners (tenants) only participation is to give you capital so you build wealth.Look for a group, or team that helps you to acquire and manage multifamilies and you will build wealth for you and your family.

I participated more than 100 hours and more than any other individual.I did not use or make of use of the space for personal use.

By lending in 2nd you are reducing the buyer’s participation and increasing your own risk.

Section 8 and their portable vouchers--they make it simple enough to read the terms, conditions, and responsibilities of both the landlord and the tenant participating in the program.The time for an attorney and review of what you were getting into should have been before you committed what is actually a big NO-NO (as per section 8 guidelines).I say this with no love for Sec 8, and I am sorry to hear of your troubles; however, with almost unlimited resources and with the Gubment on their side, you should consider yourself lucky they do not prosecute you for fraud.Get yourself a good attorney!

I know for certain from my details logs I have about 600 hours spent on rental properties that I 100% own and materially participate in.

It feels like there wasn't much user beta testing of this - I would have been more than happy to participate in that.