Is he eligible to claim real estate professional status?

We currently have a pool table and foosball table for guests in first floor living space, but was thinking of adding a ping pong table in garage.   

You'll be able to meet others starting out as well as hear from guest speaker's and their education and knowledge on investments! 

The gold standard is what your intent was for the property, and how you can demonstrate that intent if ever questioned.

@Brandon Gale other than a destructive guest, this is the worst part of hosting.I've devised a guest feedback system ("Review Intercept") that I'd be happy to show you.The concept is to intercept reviews by surveying guests upon check-out.

What is the status of taxes as I am sure those have yet to be paid. 

Given our newbie status, do you think it makes sense for us to invest out of state to begin?

I was listening today to one of the most authoritative STR podcasts of a few months ago and the Brazilian guest mentioned that his parents, still living in Brazil, were paying 11% interest a month on their mortgage (and it wasn't a mistake, he repeated it several times).

I attend 3-5 meetups monthly and we have local meetup https://www.cirpp-live.com/ been arounds since 1974 and we meet twice a month (one network night at local spot food, drinks, socialize and one day 1130am-1pm guest speaker and food at I-Hotel on campus) that have found vendors, private lenders, etc.

- **Eligibility Requirements**: Ensure you meet the eligibility requirements, which usually include income limits and citizenship or eligible immigration status.### 4.