TaxGuyBill
Level 15
02-22-2024
05:06 PM
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@CRM2182 wrote:
just checking to see if it comes down to average nights stayed per guest and substanial services?
No and yes.
Average nights does not impact Schedule E versus Schedule C, but "services" does.
Average nights could possibly impact passive versus nonpassive (do they "Materially Participate"?).