Nothing, again, will happen to the management aside from re-branding their company name; maybe.

A single member LLC may elect to be treated as a disregarded entity on the member's federal income tax return and report income and deductions on Schedule E of the 1040 rather than filing a return separately for the company.

Established brands will generally have the nod over mom/pop as noted.

Then, on your taxes, make sure that Schedule E is filled out for the room/unit that you rented.

Flipping is extremely difficult right now for folks who are brand new.

Hello, My husband and I have had a busy year diving into buying our first investment property and starting an e-commerce business.

Quote from @Scott E.: Just for fun I clicked on the sales page because I've never heard of this guru.

I hate that the legal system gives enables these buyer to get money but I do understand its a bottom line business and whatever is cheaper wins...this is a good point and why buyers and sellers should use licensed real estate brokers who have E and O..

First year and beyond is typical on a schedule E, same as a LTR unless your providing substantial services.

I participated in an investment in a motel property under the Brand "Extend-a-Suites" in El Paso, TX.