Yes, you can group multiple long term residential rentals together.
Yes, you can group multiple short term residential rentals together.
Yes, you can group multiple commercial rental properties together.
NO, you can not mix and match short term, long term and commercial rentals together.
Make sure you can prove that you spent more than 250 hours on your rentals. I myself have three rentals and there's no way on this green earth that I can prove I spent 250 hours directly involved in rental management. I"m lucky if I actually spend more than 15 hours a year across all three of my rentals. Also take note of what does not count for this.
-Your bookkeeping time *does* *not* *count*. All hours must be spend "ON THE RENTAL" and if audited on this, you have to be able to prove it.
