REPSLog vs STR Tax Loophole Tracker

Looking to save on taxes? Claiming REPS or unlocking the STR Loophole with the IRS could be your key!REPSLog is the hour-tracking app for real estate investors who claim Real Estate Professional Status (REPS) or the short-term rental (STR) loophole. Log every hour of material participation with the date, property, category, participant and receipt attached, and hand your CPA an audit-ready PDF and CSV at tax time. iPhone and web app (app.reps-log.com), one account, synced in seconds. WHY A CONTEMPORANEOUS LOG The IRS expects a dated record of your hours kept as you go, not one rebuilt in April. • REPS: more than 750 hours and more than half of your working time in real property trades or businesses, plus material participation in your rentals (the 500-hour test). • STR loophole: material participation in your short-term rentals, typically 500+ hours, or 100+ hours and more than anyone else. REPSLog keeps a counter for each test and each property. LOG HOURS IN SECONDS • One entry form: what, when, how long, which property, who did it, with evidence attached. • Voice Logging: tap the mic, say what you did, and watch the entry write itself. Live chips confirm duration, property and date. • AI Entry Autofill: type one sentence and the duration, property, category and date fill in. • Built-in Timer with Live Activity and Dynamic Island: time the work as it happens, from the lock screen. • Quick Actions: long-press the app icon to add an entry or start the timer. • Recurring and Common Activities: one-tap tiles for routine landlord and STR tasks. • Suggested for You: personalized AI entry suggestions learned from your own log. • Duplicate an entry, or backdate one to the day the work happened. PROVE IT • Evidence Attachments: receipts, photos, PDFs, Word and Excel files on every entry, with notes. • AI Receipt and Document Reading writes a plain-language note for each receipt or PDF. • Smart Search finds entries by meaning, and by what is inside your receipts. • Entry Log Filters by date range, property, participant and category, with a live hours total. TRACK THE RIGHT NUMBER • Hours Dashboard: progress toward 750, 500 or 100 hours, by property, category and year. • STR Loophole Tracking: every short-term rental gets its own 100 or 500-hour counter, separate from your long-term rentals. • Multiple Properties: add each rental by address and mark it LTR or STR, down to individual units. • Participants: track your spouse, cleaner, property manager or co-host, so you can show nobody spent more time than you. • Custom Activity Categories on top of 13 built-in ones. CALENDARS AND IMPORTS • Booking Calendar Sync: connect Airbnb, Vrbo, Booking.com or any iCal feed and log the work around each guest stay. • Calendar Integration: turn Google, Microsoft 365 or device calendar events into entries in one tap. • CSV Import (web app): bring years of spreadsheet hours in at once. WORKS WITH YOUR AI ASSISTANT • ChatGPT and Claude Integrations: say "Log 2 hours of bookkeeping at the Maple St condo" and it is in your log. • MCP Connector for any MCP-compatible assistant, plus a Public API with scoped keys. SHARE, EXPORT, STAY SECURE • Team Access: invite a spouse, assistant, property manager or CPA as Read Only or Full Access. • CPA-ready Export: one tax year as PDF and CSV, split by LTR and STR, with receipts. • Sign in with a passkey (Face ID or Touch ID), a magic link, Google, Apple or a password. • Encrypted in transit and at rest, backed up daily. AI features are opt-in, each with its own switch. • Trusted Tax Experts Network: real estate CPAs and cost segregation firms, one tap to book. PLANS 14-day free trial of everything. The Free plan never expires. Starter and Premium unlock unlimited entries and properties, voice logging, AI autofill, calendar sync, team access and AI integrations. Privacy Policy: https://reads.reps-log.com/privacy-policy.html Terms of Use: https://reads.reps-log.com/terms-of-use.html

STR Tax Loophole: Hour Tracker The only app built specifically to help short-term rental investors document material participation hours and qualify for the STR tax loophole under IRS Reg 1.469-1T(e)(3)(ii). If you own a short-term rental with an average guest stay of 7 days or less, you may be able to reclassify your rental losses as non-passive and use them to offset your W-2 or active income. The tax savings can be substantial, but only if you can prove it. The IRS requires a contemporaneous log of every hour you spend managing your property. A spreadsheet won’t hold up. STR Tax Loophole gives you the documentation that will. ▸ AI SPEECH-TO-TEXT LOGGING Say what you did. The app transcribes your voice, identifies the property, category, and duration, and creates a timestamped entry automatically. Log an activity in under 30 seconds without typing a word. ▸ EVIDENCE UPLOADS Attach photos, receipts, invoices, and contractor documents directly to any entry. Build an audit-proof evidence trail that supports every hour you claim. The IRS values documentation with corroborating proof. This gives you exactly that. ▸ REAL-TIME DASHBOARD See your total hours, hours by property, hours by category, and progress toward the 100-hour threshold at a glance. Visual charts and stat cards update as you log, so you always know where you stand. ▸ MULTI-PROPERTY TRACKING Track hours across every rental you own. Each property gets its own activity history, category breakdown, and qualification status. See which properties are on track and which need attention. ▸ TEAM & SPOUSE TRACKING Add your spouse, property manager, cleaners, and contractors as team members. Track their hours alongside yours. A key requirement for qualification is proving that you personally spent more time on the rental than anyone else. This makes that comparison clear. ▸ CUSTOM CATEGORIES Organize your entries by activity type: guest communication, cleaning coordination, maintenance, bookkeeping, market research, renovation, and more. Categories align with IRS-recognized material participation activities so your log tells a clear story. ▸ CSV IMPORT & EXPORT Already tracking hours elsewhere? Import your existing data via CSV. Need a hard copy for your CPA or tax attorney? Export your complete log with one tap. Compatible with any spreadsheet or tax preparation workflow. ▸ CLOUD SYNC & BACKUP Your data syncs across iPhone, iPad, and desktop. Log an entry on your phone at the property and review your dashboard on your laptop at home. Daily cloud backups ensure nothing is ever lost. ▸ SECURE & PRIVATE Two-factor authentication, passkey support, and encrypted cloud storage protect your data. Your financial records stay private. ▸ WHY THIS MATTERS The STR tax loophole can save investors tens of thousands of dollars per year through bonus depreciation and cost segregation. But one audit without proper documentation can erase those savings entirely. CPAs and tax attorneys consistently say the same thing: the investors who qualify are the ones who keep detailed, contemporaneous logs. STR Tax Loophole was designed to make that effortless. ▸ WHO IT’S FOR Short-term rental owners on Airbnb, VRBO, or direct booking platforms. Real estate investors pursuing cost segregation and bonus depreciation strategies. Anyone whose CPA has told them they need to track their material participation hours. EULA: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ Terms of Use: https://thestrtaxloophole.com/terms