Good afternoon, my wife Cathy and I are excited to join this community. What an amazing opportunity to learn, grow and share experiences and test out ideas related to rental property ownership and tax savings strategies. We live in Virginia and have STRs in the NC mountains west of Asheville and purchased another this year in Palm Beach Gardens, FL. We had our kickoff call with Kevin Medina last Friday and within 30 minutes he found a mistake/missed opportunity on our 2024 returns. We signed an amended return today and expect to receive over $6k back from federal and state - thanks so much Kevin!

Hello to the group! Is anybody using REI Hub for their books that also has LLC’s? Curious as to if you’re happy with the software.

Any Cost Seg Company Recommendations? Best bang for your money? (Or what companies to steer clear of?)

I had a zoom call and notes were taken but I can’t find where the notes were sent to me. Does anybody know where these would be housed?

Hi everyone, Looking for some guidance on REPS qualification. Background: I have 3 STRs and one LTR (3-unit MF owned 50/50 with a partner). The LTR was placed in service in 2025 and we used standard MACRS depreciation since I did not qualify for REPS in 2025. I’m considering a cost seg in 2026 if I qualify for REPS. Question: Can hours spent actively managing/operating my 3 STRs count toward the 750-hour REPS requirement, along with hours from the LTR? I understand that STRs with an average guest stay of 7 days or less are generally not considered “rental activities” under §469, and they can potentially be nonpassive through material participation without REPS. Does that mean those STR hours cannot count toward the 750-hour REPS test, or can STR + LTR real estate hours be combined for purposes of qualifying for REPS? Would appreciate thoughts from anyone who has dealt with this.