Accountant · Edina, MN · Member since 2020 · 172 posts · 97 votes
3y
Hey Clint, could use some more details. You'll have to deduct any expenses related to your personal use days. A good tax planning advisor can help you understand this
Have a W-2 and going under contract for first STR to self-manage. Should be able to qualify requirements for active income. Was worried using a vacation/second-home loan may have issues with having business expense write offs compared to investment loan.