

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.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 3min
The Short-Term Rental Loophole and Real Estate Professional Status
03:18 • 9min
Definition of Buildings and Real Property in Relation to Short-Term Rentals
12:48 • 6min
Implications of Short-Term Rentals on Real Estate Professional Status
18:35 • 4min
Risks and Uncertainties of Counting Short-Term Rental Hours Towards Real Estate Professional Status
22:25 • 4min