Hello all,Has anyone sold a short term rental owned over a year  as a non real estate professional that qualified as short term capital gains tax deductions with expenses and depreciation?

Like to learn about long term rental

I'll usually eat $100 - $200 worth of touch-up cleaning for a long-term tenant.

Quote from @Chris Shon:Thanks for the detailed response!

Are they meeting your long-term investment goals?

Quote from @Jules Aton: When I did a seller finance deal years ago on what would become a long term rental I bankrolled the rehab funds then re-financed when it was finished.

Quote from @Frank Pyle: Obstacle is getting a 1007 with realistic long term rents. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

If you want some details about the meetup, send me a DM! 

For properties in Central Ohio, you can access records through the Franklin County Recorder's Office, which provides a public records search tool to help you look up property details, including any liens.