Investors & landlords


@Scorkett wrote:

 

I wanted to ask what everyone decided on whether the < 7 days + material participation meant trade / business activity (non passive) or rental (passive)?


 

It is non-passive.

 

However, that doesn't necessarily mean it is a "trade or business".  It very well could be, but the average length of stay and Material Participation don't automatically trigger it to be a "trade or business".