MAIN SECTION: STR Tax Loophole Crash Course: Part 3

Summary

This video dives into the details of the STR tax loophole, specifically how to meet the material participation requirements for qualifying as a real estate professional. It goes into how meeting those qualifications is the “steroid” version of REP status. It includes a deeper look into how the IRS might approach these issues in audits, especially when using the tax strategy.