It was purchased from MLS as a long term buy and hold rental.

Purchase price: $170,000 Cash invested: $30,000 This is an international short-term rental property on a Greek isle.

@Morgan Vien For your Oregon rental property, forming an LLC in Oregon can provide liability protection specific to that property.

Part of those cuts included the short-term rental tax loophole, a strategy real estate investors can use to help mitigate their rental income tax by offsetting earned income with real estate losses, and could be renewed or extended.  

How have you made that decision for your prior primary residence to rental properties?

STR rental was $3,500 to $6,000 per month, depending on season.

These are our first two rental property purchases.

I'm planning to turn it into a rental and was wondering if I should consider hiring a property manager for my first rental.

.: I’m currently renovating a rental property and exploring ways to manage costs without compromising on quality.

When you own a rental, you can depreciate the property over 27.5 years.