Always consult your own tax professional.Starting concept: net incomeBusiness are taxed on net income, not gross income.

And I think they can, should and will continue to work on taking care of Hosts and focus on the Guest experience.My 2 cents,Mike---10 year Airbnb Host with only 5 Star reviews---3 year "Airbnb SuperHost Ambassador" (consultant) with over 650 new Hosts launched under my tutoring.

Still new here- I know I can find the cap rate by dividing the NOI by the market value but what's the most reliable way of finding the market value? 

It is important to keep in mind that DSCR is just one factor that lenders consider when evaluating a loan application, and other factors such as property condition, location, and market conditions also play a role.It is also a good idea to consult with a financial advisor or loan officer to get a better understanding of the loan requirements and to get an idea of how your investment property will be evaluated by lenders.Feel free to reach out if you need more feedback, happy to help.

It's best to consult with an insurance agent familiar with both subto and STR scenarios for tailored advice.

I know the tools aren't always 100% reliable due to bad data so I'm curious if anyone here as experience with STRs in Albuquerque.It also seems like STR regulations aren't super strict at the moment - need to register for a permit and comply with various rules around occupancy limits, acknowledgements, etc - nothing too crazy.

I can help with some of the repairs if you are looking for reliable contractors.

It can definitely be a bit overwhelming at first, but a great way to make it smoother is to build a solid team that can work with you across different states.Having a reliable lender is especially important—they can help guide you through the nuances of different markets and make sure you’re making the best financial decisions.

Hi BP community,My name is Antonio, I am a real estate investor who is now living in Tennessee.My background:I am originally from New York, but spent most of my adult life in Tokyo Japan where I invested in real estate and had a consulting business.

As long as you own the property there shouldn't be any impact tax-wise.If you need further guidance after reading the post I would recommend doing a short consult with a real estate "savvy" accountant.