And naturally the more you work with like-minded investors and agents, the more your network starts to expand and momentum is enormous in real estate. 

You must generally file Form 3115, Application for Change in Accounting Method, to request a change in your method of accounting for depreciation.The following are examples of a change in method of accounting for depreciation.A change from an impermissible method of determining depreciation for depreciable property if the impermissible method was used in two or more consecutively filed tax returns.A change in the treatment of an asset from nondepreciable to depreciable or vice versa.A change in the depreciation method, period of recovery, or convention of a depreciable asset.A change from not claiming to claiming the special depreciation allowance if you did not make the election to not claim any special allowance.A change from claiming a 50% special depreciation allowance to claiming a 100% special depreciation allowance for qualified property acquired and placed in service by you after September 27, 2017 (if you did not make the election under section 168(k)(10) to claim a 50% special depreciation allowance).Changes in depreciation that are not a change in method of accounting (and may only be made on an amended return) include the following.An adjustment in the useful life of a depreciable asset for which depreciation is determined under section 167.A change in use of an asset in the hands of the same taxpayer.Making a late depreciation election or revoking a timely valid depreciation election (including the election not to deduct the special depreciation allowance).

They may seem great on paper, but might not come to fruition based on the nature of the investmentGood luck 

You'll naturally meet  people who want to get rid of their headache, I mean house, that they inherited. 

.🧘‍♀️ And here's the kicker: hobbies are like natural stress-relievers.

Thank you for chiming in and helping us better understand the nature of your valuable tax education programs.

Here is a good forum: https://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals

If you got natural wooden cabinets, A new coat of Powder Blue will make them pop—just make sure you strip the old paint first.

-Monthly Bug/Pest Treatments?

There's two I currently go to in Austin, TX: Every Wednesday at 12PM at the Jalisco's Bar & Restaurant in Buda, TX, and the North Austin meet up in The Brass tap bar near Natural Grocers on North Lamar.