Consult a tax professional to optimize deductions and explore strategies like Real Estate Professional Status or short-term rental loopholes to apply depreciation to non-passive income.This post does not create a CPA-Client relationship.

The reason I post this here is because I got totally different answers from two CPAsHere is the story:I bought the house as investment property and run it as STR for the last two years.

@Scott Johnson we typically don't delete forum posts, and I don't see a reason to make an exception here. 

Additionally, if your goal is to maximize personal financial benefits, consider profit distributions from the property-owning LLC, which may provide tax flexibility depending on your situation.By adhering to FMV, maintaining proper documentation, and structuring the lease agreement carefully, you can optimize tax benefits while staying compliant.This post does not create a CPA-Client relationship.

I’m looking for some advice and guidance.I get-it how many want to promote "there" way of doing things, and often state it as "you should ___", because it's what they would do. 

I'm also working on upgrades for THE MTR Connect - better scheduling, automations, guest speakers, social media - all to help promote the collaborative and supportive space my colleague @Jamie Banks and I have created.

I can't give a tutorial re how to originate a note today, selling a house with financing in just one post. 

Yes, full access, so not outsider uninformed of what's being said, taught, promoted, and NOT said, taught etc.. 

The information contained in this post is not to be relied upon.

Addressing Housing Demand -California’s housing shortage is well-documented, and SB 9 directly targets the problem by promoting small-scale, incremental density increases.