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Investors & landlords
@AmeliesUncle wrote:
Are you sure? I don't think that is right. The "short term" rental should adjust the passive rules, regardless if it is used for personal use or not.
I believe the Vacation/Short-term selection merely changes the property type on Schedule E in the program.
The fair rental value days and personal days control the passive exception.
‎January 13, 2021
4:17 PM