Material participation in the rental activities still required. 

Hello BP Team…We have a contractor that left after the 2nd Draw and stole materials.

To qualify for active status on short-term rentals for tax purposes , you need to meet the IRS’s material participation requirements.

Does anyone have any good studying material for this exam or have any insight on what I should focus on?

To address this I took detailed pictures from beginning to end of my most recent flip, documenting that we did a thorough job using quality materials.   

Customer supplies materials ?  

After acquisition, we furnished it, added a couple decks for a hot tub and solo stove fire pit, as well as a ton of string lights and were off to the races!

As others have stated, your fit & finish goals should be guided by whether you plan to:1) Rent: tenants don't always take care of a property, so you want to use lower-grade materials and workmanship.2) Flip: higher quality on workmanship and materials is usually required.Regardless, you always want to "Maintain to the Neighborhood".

Does anyone have experience with Ivory Home’s predesigned materials packages?

This is the only app I can find customized for tracking your hours and that of your cleaners, handymen etc... Anyone have any experience with it?