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Deductions & credits
It’s going to be a vacation rental, so turnover maid service, communication and customer service with guests, conflict resolution, providing check in gifts, inspecting the property every turnover, etc. I imagine that is where it would differ and make it an active business compared to if I had a renter sign a one year lease (passive). Would that be an appropriate categorization?
November 24, 2021
9:24 AM