Do you pay hotel/lodging or any other short-term rental tax?

They did not split the meter so technically it is still one house, separated by double doors (hotel style).

My client does have 25 years experience investing in long term holds and fix and flips, but maybe a hotel to assisted living community conversion is not something a lot of people are comfortable investing in quite yet. 

Give rent abatement or pay hotel not both.

We have combined these residential types in mixed use projects including retail, office, and hotel uses. 3.

(I don’t live far so won’t have to pay for flight and hotel).Thank you!!!

With that said, I just bought 2 hotel rooms that get a 6% cap 100 yards from the lift - they are 1980s and the crappiest rooms in town. 

If you take what a lot of people on BP think is a good metric: cash-flow $100/month then a single visit during the year (plane, rental car, food, hotel, etc.) will wipe out your cash-flow. 

Thanks for the response as well Paul, my concerns are not necessarily around depreciation (I’m pretty sure that buildings are depreciated over 27.5 years opposed to 20 years) or other deductions that are typical to long term rentals but rather tax guidance that dictates what is a schedule E rental portfolio vs. a schedule C business similar to hotels.  

I'm not running a hotel.