Does STR income after the first year become passive income?

Question

John Underwood · Answer

First year and beyond is typical on a schedule E, same as a LTR unless your providing substantial services.

Mark Miles · Answer

Always gotta be studying the market, studying your competitors, and improving your homes to exceed the rapidly increasing competition. It’s never truly passive, you can’t just set and forget the way you can in the stock market

Bruce Woodruff · Answer

How exactly do you define passive income?

Does STR income after the first year become passive income?

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