Substantially All Participation Test.

I think you need to carefully apply the passive activity loss rules regarding what your overall level of participation is and what particular status you qualify for (and the consequences of any changes from that participation status to or from another participation status).

Should Seller participate in another agreement whichwill interfere with close of escrow, Seller will be responsible for any and all costs and losses to Buyer."

A lot of times clients are sold on the lie of “market participation” of indexed products.

Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.

I am trying to understand what a STR would be considered in terms of the IRS on Schedule E.In my particular situation this is a true STR (average stay less than 7 days) I self manage the property and materially participate, and I do not stay at the property for personal use. 

BP has been a tremendous resource over the years and I'm excited to participate in a more active way going forward!

so hard to suggest saying “go” right now… but things will swing back to where investors can more easily participate… likely when interest rates drop back a few points.  

Do you have any details to share about this so that other forum participants can help you more specifically?

It has to be real payroll: paychecks, taxes withheld, periodic deposits with the IRS, participation in your state unemployment fund, etc.