I have some questions about the material participation rules for the STR tax loophole.

Let me know if you'd be interested in participating!

The email mentions that participation in the ULA ERAP does not create a tenancy with the City of Los Angeles or the Housing Rights Center (HRC).1) I am actually planning to subdivide my lot and build a few more houses on the divided lot.

Participating in a group focused on MTRs will give you exposure to a lot of other traveler types and how to market to them.

To be considered a trade or business for the qualified business income deduction, all of these must be true:Your participation in the rental activity must be regular, continuous, and substantial.You conduct the rental activity with the expectation that you'll make a profit.The rental activity is conducted in the United States or Puerto Rico.Rental activities that are considered trades or businesses include:A real estate professional who materially participates in the activityA rental to a commonly owned trade or businessRental activities that aren't considered trades or businesses include:Rentals for less than fair market value (FMV)A lease agreement in which the tenant pays for real estate taxes, insurance, and maintenanceA vacation home that's rented out and also used as a personal home

To get the most out of your networking, make it a practice to participate in forum discussions on a regular basis, go to meetups, and interact with other users.By actively participating in the BiggerPockets community and connecting with other investors, you'll be well-positioned to find your first cash-flowing real estate deal in 2024.

The property was bought and renovated with cash, so there are no financing costs—just the opportunity cost of the investment.Comparatively, I’m currently earning 5% in a money market account and 10% from participating in hard money loans.

So long as you mean your name will be on the note and the mortgage at a sensible LTV, with proper lenders title, fire, and liability insurance, and so on, then you have safe and direct recourse to the property.If by “invest” you mean a membership participation in an LLC of some sort that flips or “stabilizes” the property, then you are completely unsecured with no recourse to anything.

That way, you will likely already have hit your 100 hours of material participation, but your cleaners, for example, would not have exceeded you since you would have only had a few bookings before the end of the year.Also, another good one, is that material participation does not count until you are in contract on a property.  

A telemarketer is someone who participates in marketing over the telephone.