DLB262021
New Member

Investors & landlords

Honestly, I don't know who is correct here @AmeliesUncle in terms of what you are writing here and what I was told by my congressman, but that is an aside.

STR rental owners were meant to be included in the PPP process. Perhaps, a mistake was made somewhere along the lines, this is something that neither of us know, but it was the CEO of Airbnb who went to Congress and fought for STRs to be included. Since 99% of STR don't provide "hotel services" (as defined by the IRS,) and hosts file on Schedule E, someone clearly dropped the ball by not adding forms for Schedule E on the PPP loan.