Hey James,That’s a solid question, and I’ve seen this scenario come up quite a bit.

I have not heard of an extension as of yet.Your 100 hours is related to material participation for STR not the real estate professional status, they are two separate items but in a way can be connected (kinda).I'm not sure what you mean by "sell it for no bonus depreciation recapture" because you are required to take depreciation, if you don't the IRS should calculate your tax as if you did.Your head is in the right place and I wish you luck but would highly recommend consulting with a tax professional before proceeding if this is your plan.Best of luck Dennis!

I lose a lot because the google link looks scammy.

@Abhishek Singhal,This is a mixed bag. 

I already had a one month vacancy when this tenant moved in and my earlier tenant just walked away and broke the lease.

Purchase price: $32,000 Cash invested: $58,354 Sale price: $105,000 5/17/24 purchase.Charming Little 3/1 - We are remodeling all inside and out including new roofing, this is our first project out of state, it will be a BRRRR, hopefully first of many to come.

What are the pros/cons of this?  

I can’t get my budget in order because this one builder won’t give me an estimate until I’m ready to apply for permits.

This is where I am having my major issue.

This is rough and I'm sorry you are going through this.