To maximize the tax benefits of STRs, it’s essential to track your time and other people's time spent on the property, avoid staying in the property more than 15 days, and perform a cost segregation study to accelerate depreciation.

Walking the property before closing is definitely worth the cost to avoid bigger headaches later, especially with flipped homes where the quality of renovations can vary.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

I have found a couple masterminds that are tempting and I think would help me learn quickly but they are anywhere from 7-15k and the general sentiment I've found is to avoid these if possible.

It's a great way to learn from others and avoid the mistakes they have made.Good luck!

I would never recommend anyone consider anything remotely similar to what you're promoting, and would also advise anyone in our community to avoid this user and his ideas.

How much thought should I put into the selling my home to avoid the future taxes from growth compared to staying in my home another 20-30 years?

Those fees got so ridiculous, that there was tremendous pressure among travelers to avoid the phone. 

You want it to be easy for your tenants to use to avoid non-payment or technological issues on their end, too.

What are you talking about.All of the other investor-members above laid out an easy solution for a typical problem and also accurately stated that a lawsuit is unnecessary and won't work.