Short Term Rental Loophole explained in 2 minutes #realestateinvesting
Summary
This video explains the short-term rental (STR) loophole, which allows STR owners to offset active income with passive losses. To qualify, the average customer stay must be 7 days or less. The key is "material participation" in the STR, which is easier to achieve than real estate professional status, which requires 750 hours in real property trades or businesses, and spending more time in real property trades or businesses than anywhere else.
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Curated by Learn STR by GoStudioM