David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
Material participation in the rental activities still required.
Annie Anson
How to meet material participation hours for out of state investors
9 January 2025 | 20 replies
To qualify for active status on short-term rentals for tax purposes , you need to meet the IRS’s material participation requirements.
Abby Biter
My Short Term Rental Barely Profitable
8 January 2025 | 11 replies
Hello,I am in the Tampa Bay area and I own a quadplex. I also manage another 10 units. I am seeing a decrease in nightly price and demand for these units. Any insight? Anything I am doing wrong? I do not make enough m...
Rene Hosman
Are you coming to BiggerPockets Momentum 2025?
31 December 2024 | 4 replies
I (barely) watched some of the podcasts cause BP shows up on my youtube feed when I travel.
John Dawson
User Research Opportunity: Help Shape Our New Deal Finder!
14 January 2025 | 5 replies
Kudos to the people who are doing it out of the kindness of their own heart, because this really is a donation participating in this.
Joy Daniels
How Do You Stay on Top of Trends and Rules in Short-Term Rentals?
13 January 2025 | 8 replies
It is hard to really keep up with those kinds of trends unless I budget 10k a year in updating the property which I am not going to do.I participate in our local council/mayor meetings.
Audrey Li
Seeking CPA with Deep Short-Term Rental Expertise
15 January 2025 | 0 replies
.- We’re planning to ensure we materially participate (within a 2-hour radius of the property) so that the rental could be treated as non-passive.- We’d like guidance on whether to hold our property in an LLC or simply in our personal names, including any tax advantages/disadvantages, liability considerations, and possible effects on financing.I want to fully understand the trade-offs between both approaches.
Jake Bute
How to track time in business to accommodate 500+ hours?
9 January 2025 | 7 replies
I'm going off the understanding that you still need to spend 500+ hours in the business to achieve material participation (please correct me if I'm wrong).
Lina Truong
Please help me get started for mid-term rental investments
15 January 2025 | 18 replies
I'd like to invite you to participate in a group I host called THE MTR Connect.
Angelo Llamas
Tax breaks for a rental breaking even
19 December 2024 | 12 replies
Some months I’ve unfortunately had to pay like $150 out of pocket but I’m Planning on holding long term wise and the let the rental bare fruit later in my life because I’m only 22 and just wanted a base hit or a rental in a great neighborhood.