@Bob Asad   I have had great success buying and renting SFH, but also doing other real estate actions. 

How is private money lending currently influencing the real estate market?

Good morning everyone,I am new to real estate investing and currently live in the Boston area.

I was approached by people who are interested in leasing my property long term and use it for cooperate business travel accommodation. 

I personally believe in owning real estate in LLC's but the reasons are more for business planning than asset protection.

Heather and I have been in real estate for almost 20 years, but not as investors.

Under the IRS rules, a person  qualifies as a real estate professional if: (1) more than one-half of the personal services the taxpayer performs in trades or businesses during the tax year are in real property trades or businesses in which the taxpayer materially participates, AND.....(2) hours spent providing personal services in real property trades or businesses in which the taxpayer materially participates total more than 750 during the tax year.Like @Greg Scott and @Russell Brazil mentioned above, I don't believe that you would qualify as a REPS, but if you are going to try it, make sure you document it very well (i.e. with some kind of proof, like time cards, mileage forms, and/or receipts, etc.) so that just in case you do get audited, you at least have something to provide to the IRS agent. 

Your CPA should be able to guide you how to categorize all your expenses so that you can do it correctly yourself.https://www.irs.gov/businesses/small-businesses-self-employed/tangible-property-final-regulations#:~:text=The%20de%20minimis%20safe%20harbor%20election%20eliminates%20the%20burden%20of,is%20properly%20deductible%20or%20capitalizable.

But Cody does know the business and does these transactions..

Submerging myself in the world of real estate!