I, like many if not most homeowners in denver that participate in hosting with Airbnb do NOT live in a covenant controlled area, nor HOA.

Keep yourself updated on real estate investment tactics, market shifts, legal obligations, and industry standards by connecting with fellow investors, participating in workshops, and utilizing online sources.

In the year of the cost seg, you need to qualify for STR loophole (materially participating in your rental activities by spending 500 hours, or 100 hours and more then anyone else, or doing all the work yourself.)

While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

Question: Now I have also started to participate in real estate syndications as an LP.

Given that you have no income, and it's likely you may not meet the material participation threshold for 2023, the loss would then be kept on form 8582 to be used to offset future years of income from the property in the form of a "carryover loss"

Here are some strategies that could help you connect with potential investors through a forum like this or other networking avenues:Build Your Presence: Start by actively participating in discussions, sharing your experiences, and offering advice based on your own real estate dealings.

The tax code defines a real property trade or business activity as “any real property development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage trade or business.”2. 750 Hour TestYou must spend more than 750 hours participating in real estate business activities during the tax year.

Attend some local real estate meet ups and make some good friends, you may not be able to participate in deals but you'll have your toes in the water.