Hello, to qualify for the STR loophole as a US resident, can my STR be in any country around the world (i.e. Canada, Mexico, France, etc)? Or does the STR have to be in the USA? Any other considerations I should be aware of?

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I've heard folks talking about buying a boutique hotel under the STR loophole. However, can you help me understand how to meet the material participation requirements if there is fulltime reception / kitchen staff? For example, how do you meet the "more hours than anyone else" requirement?

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I just paid my real estate property taxes to take advantage of the 4% early payment discount (deadline is 11/30 in many counties). If you own real estate property, this is a good time to double-check your tax notice and see if your county offers a similar early-pay discount. It’s an easy way to save money with zero extra work.