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Investors & landlords
@AmeliesUncle wrote:
Short-term rentals are non-passive, right?
I thought we were way past this argument - Schedule E or Schedule C.
What would be considered "short-term" (in Florida, rental periods of six months or less for residential real estate are considered short-term)?
Are we referring to the 7-day and 30-day rules? So, for example, if I rent my beach condo for 30 or fewer days on average but without providing significant personal services the income is nonpassive?
‎January 13, 2021
4:51 PM