Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

284
Posts
85
Votes
Kyler J Sloan
  • Investor
  • Maggie Valley, NC
85
Votes |
284
Posts

Passive Losses for STR's

Kyler J Sloan
  • Investor
  • Maggie Valley, NC
Posted

Is there any way that STR rental income can be considered "active" from a tax standpoint?

I spent a lot of my time working on renovations myself, and manage it myself, but I have not manually tracked the time invested. 

Thanks in advance for any thoughts. 

Most Popular Reply

User Stats

2,186
Posts
1,442
Votes
Albert Bui
  • Lender
  • Bellevue WA & Orange County, CA
1,442
Votes |
2,186
Posts
Albert Bui
  • Lender
  • Bellevue WA & Orange County, CA
Replied
Quote from @Paul Sandhu:

I like to make money with my STRs, I don't want to lose money.


 Theres losing money in real life and losing money on paper, real RE investors like to lose money on paper and make money in real life. 

  • Albert Bui
  • Loading replies...