What hours can you count if you take a trip out to a property during the inspection period once you're under contract? only the hours you're physically at the property? or can you count hours visiting places around the property as you think through what you plan to add to your guidebook?

`Hi, I have owned my own consulting firm since 2010 with a background in leadership in various capacities. This means I moved from "being" a W-2 to a 1099. As shared in my intro post, I am purchasing my first STR, closing on 10/24/2025. I plan to create a legacy portfolio for my kids, enjoying the income and asset as part of my future retirement.

Hi Everyone, glad to join a community like this and learn ways to lower taxes and invest in RE. My wife and I live in Portland, we own a long term rental and a STR in Maui ( if you ever want to vacation, hit me..we do direct bookings) and used the STR loophole. Our goal for doing this is financial freedom for us so we can spend time with the kids but also support charities amd people in need around us. Im an engineer by training and love investing in stock market using options for income. Looking forward to learning from the community .

How, exactly, are y'all getting at least 100 hours of time into more than one property? One has not been tough. We're working on purchasing property two. What's the secret? What advice do you have? What things are you logging that people may not think they CAN log as time against the property? I'm not able to get REPS. No plans to do it any time soon, either.

Our property went in service in August 2022. We did most of the renovations ourselves and kept very good records, so put appropriate improvements into shorter life accounts in QBO (FF&E of course, but also floating floors, carpets, removable wallpaper, all 5-yr; plus septic, well, landscaping as 15-yr.) Does it still make sense to do a CSS now—in 2025? The pro-rated improvements of the original purchase price is only $253,218 (land is $ 201,781) although the property is valued at probably $1.5M now. We are planning further improvements on the building, such as windows, roof and added insulation.