TaxGuyBill
Level 15
Monday
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However, in most cases, the taxpayer "Actively Participates", which sometimes allows the loss (depending on their income). Assuming your client "Actively Participates", be sure to check that box.
In the event it is a rental for short-term stays (average stay of 30 days or less), then are additional things to be aware of, but I won't go into those until it applies to you.