How do I manage my STR remotely?

[Greg Teplansky]

So I am looking to get into my second short-term rental towards the end of this year. I closed on one last year but found I couldn't take advantage of the STR loophole because I was required to use professional managers in the resort development. I purchased him. I have a much better understanding of what I need to do however, I'm not sure I understand or know how I can legitimately manage the property remotely and be able to address issues that will pop up adequately on my own. I know there are third-party cohosting services that I can utilize however, how does that appear to the IRS when making the argument that I'm still managing the property, just with assistance? Of course I would be materially participating in meeting all day requirements. If you know of services out there like Vacasa or others of and can suggest, please do. Thank you all!

[John Underwood]

List on VRBO and Airbnb, get a great cleaning service to be your boots on the ground. Add a handyman and HVAC person to your team and it should be pretty easy from there.

Join a local FB group of STR owners to get recommendations from.