Don’t Mess This Part UpQuick STR question I see trip people up all the time:Your rental averages 7 days or lessYou materially participatedSo yes — you likely qualify for the short-term rental “loophole.”Great.But then comes the part many investors get wrong Do you report the income on Schedule C or Schedule E?

If they were denied, send them an Adverse Action Notice, and keep all the information you collected about that applicant should the need arise to prove no wrongdoing on your part.

They place high-risk individuals in your home and then abandon you when things go wrong.

They place high-risk individuals in your home and then abandon you when things go wrong.

They place high-risk individuals in your home and then abandon you when things go wrong.

They place high-risk individuals in your home and then abandon you when things go wrong.

LPs who performed poor or no diligence at all and often cannot clearly articulate the business plan they invested in show up to point fingers, threaten SEC complaints, and talk lawsuits without being able to identify wrongdoing or fraud beyond the obvious.

They place high-risk individuals in your home and then abandon you when things go wrong.

In the end RADD will have to pay for their wrongdoings to the people who entrusted them with their money.

Further, there has been no suggestion of any wrongdoing in the management of the operating entity.