Tax Smart Real Estate Investors Podcast

239. Short-Term Rental Hours Don't Count Toward The Real Estate Professional Status... Or Do They?

Sep 19, 2023
This podcast explores whether short-term rentals count towards the real estate professional status for tax purposes. The hosts discuss the regulations indicating that they do count, but also highlight the uncertainties and risks involved. They delve into the implications of short-term rentals on real estate professional status and caution against claiming these hours due to ambiguity. The chapter descriptions cover the history, requirements, recent tax court cases, and the definition of buildings and real property in relation to short-term rentals.
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