Since it’s so close to the end of the year, I’m wondering if anyone else has had success with the STR loophole requirements and material participation when acquiring a property with only two months left in the year?

Quote from @V.G Jason: Quote from @Kymberly Chase: Yes I definitely would be open, I don’t think my CPA is savvy with STR tax loopholes whatsoever  Any CPA with basic real estate knowledge can get that done for you.

Quote from @Michael Baum: It's not really a loophole, just the rules.

I just wanted to see if any experts know of any loopholes out there where I can do this.

But I'll look more into it, I know there's loopholes somewhere

Read all the requirements and follow all steps or they can sue you or even get out of their lease if they need to find a loophole.

I've had banks see the process of the BRRRR method and rapid appreciation and think I'm creating some sort of loophole... but some banks get it and empower the investor.your 8k is tax differed you will pay tax on those funds at exit. 

Then again there are loopholes to every rule if you’re smart enough to find one.

@Hunter Groover I am a big fan of the Loopholes of Real Estate Investing  by Garrett Sutton.

If I were syndicating 7-figure real estate deals in Manhattan or Boston, I don't think I'd worry too much about the screening loopholes for my tenant base, either.