Hey Jonathan, thanks for sharing this detailed breakdown!

I'm specifically referring to PadSplit, a rent-by-the-room company/platform that operates in those respective areas.

I don't have enough details to know whether it's a good move for you, but I think my numbers work out better when I'm the lead.

So appreciate your thoughtful and detailed response. 

Keep detailed records of repairs, improvements, and rental income, and consider working with a CPA specializing in real estate to ensure you're taking full advantage of deductions and strategies like passive losses, home office deductions, or even the Qualified Business Income deduction if applicable.Good luck!

I think with it being newer accounts/investors they don't think of the specifics needed.

I am not too certain on which specific strategies I would like to learn more about.

@Brian King What about something like this for a fix/flip in Smoketown: https://www.realtor.com/realestateandhomes-detail/822-S-Hanc...

Send me a message with your email or Instagram details!

The committees have never said they'll require a specific form of evidence to show that you've rented the place for at least a couple of nights.