All the above will give you, your management company, and/or your collection attorney some traction if it comes time to attempt to garnish wages or tax returns or levy their bank account.Some of the above may sound a bit draconian, but consider that you may have hundreds of thousands of dollars tied up in a property you're turning over for their unsupervised occupancy, and that they can do huge damage to the property in just a few hours.

You're getting the equity, 80-90% per property per loan, upfront and trading the capital gains for interest which is deductible. 

Could we deduct most of the 100k from tax and potentially get profit from the sale?

I will NOT have any depreciation recapture because no depreciation was ever claimed/deducted.

Thank you BP Nation.Unfortunately, some states like Connecticut and California do not allow bonus, QIP, and limit Section 179 deductions.

If you rent longer than 30 days, you’ll skip a large portion of the taxes and fees levied on STRs. 

Can I calm/deduct start-up cost for this property if i add it to an exciting LLC which already holds my first rental or what that expense be considered "operational cost".

Additionally, while Japan provides tax deductions for housing that you live in, it doesn't seem to provide such deductions for investment property. 

Then, I do a full inspection and itemize all the damage repairs and send a letter to the tenant stating what was deducted, along with a check for the remainder.

Can I claim these expenses as deductions for my STR?