Also any losses from Y will flow into Parent Holding X for tax purposes and such losses will be adjusted towards active income.7) Use a revocable trust to replace us in the ownership chain to avoid probate issues and easy inheritance to our kids.

Unless you know the previous hosts, I’d much rather vet guests using my own criteria and pricing adjustments.  

To add to what @Caleb Brown said, there are going to be times when you are not going to find similar comps and you might have to adjust based on the comps you have available.

Jonathan,It depends on a few things if the 7/1 ARM is close to adjusting/recasting I would simply refinance into a 30 year fixed.

Following is an answer from IRS to the question:https://www.irs.gov/pub/irs-wd/0721013.pdfIn summary, it is an adjustment to the purchase price of the home and generally is not includible in agross income.

@Collin Luckett — Lot line adjustment or easement agreement.

I like it because it does appear to be a one stop shop for what I use it for, but its gonna take some time to adjust to the workflow. 

towel bar bracing, door stoppers, easier to access and adjust plumbing, will all make long term rentals easier.Best of Luck!

Joshua,Thank you for this crash course. 100% ii was using PITI as i do with my single families, i will adjust and look at that.

Adjust rates seasonally and consider offering discounts for longer stays.Guest Communication: Clear and prompt communication is key to positive reviews.