Whether or not there is a self-employment tax attached is based on whether or not you materially participate in this business.

I did look at some of the material participation criteria and we should easily surpass the requirements since we pretty much spent time improving the home ourselves, managed all guest communication, etc.Thoughts?

You cannot make your student housing an STR for the summer season only.

Substantially all participation.3.

I've always compared rent-by-room to student housing.

I have $30 k in savings, no auto or student loans and excellent credit.

Many landlords, especially those participating in Section 8 programs like the Baltimore Regional Housing Partnership (BRHP), have noted a decline in tenant quality over the last few years, particularly since COVID-19.

A student and investor.

I have over $2M in personal debt but nothing in student debt.

I have participated in a syndication as a limited partner, but want to branch out into private lending, loans of one year or less.