I will leave this post and the previous thread up for transparency purposes. 

Depreciation for what is left after bonus depreciation, the building itself, is indeed prorated, however it's a relatively minor factor compared to bonus.And read this post please, since there could be other things not mentioned by influencers: https://www.biggerpockets.com/forums/51/topics/1122635-the-s... 

Within the region, the City of San Diego also experienced a rise in its vacancy rate to 4.22%, compared to 2.64% last year.

Clearly record the purpose and terms.LLC to Personal: Draw money as an owner’s distribution or repayment of a loan, ensuring it’s properly documented.➡️ Mixing personal and LLC funds without proper documentation could pierce the corporate veil, exposing personal assets to liabilities.

If you're comfortable taking on more effort for bigger rewards, BRRRR might be the way to go.From a tax perspective, BRRRR may be better because you can potentially benefit from accelerated depreciation on the property, which can help reduce your taxable income and give you a bigger tax advantage compared to a turnkey property.

Quote from @Jon Taylor: @Pete Harper - Section 721 of the Internal Revenue Code allows an investor to exchange property held for investment or business purposes for shares in a Real Estate Investment Trust (REIT) without triggering a taxable event.

To confirm, compare with comps

And of course, what metric do 99% of people compare themselves to...the illusion we see on social media where "it's easy to find yourself some off-market deals".

How much value would a web site with direct booking bring to this kind of arrangement as compared to listing on Furnished Finders, VRBO, etc, particularly if we stick with the mid terms.

Congrats - would you ever buy in this market for pure investment purposes or do you think its mostly just a good market for a owner-use vacation home?