. 🧐🤓 I enrolled  in his course  this time last year.

Great start to life. 

There will be fluctuations on rents and much of it is property and timing dependent and not necessarily market dependent. 

I would suggest starting with reading the IRC book all the way through multiple times.

However, if it is an STR, the depreciable life would be 39 years.

I imagine a T-6 is just a Trailing 6 month table that shows our rents, expenses all fully tabulated and organized into a summary table, but having a hard time finding documentation online to support that. 

That moratorium is supposed to be temporary.Mind you, while the US used to have (some of the) lowest interest rates in the world for the last 15 years, this is no longer the case and the US actually has some of the highest interest rates in the world nowadays and that doesn't look to change any time soon.

Trying to get a split level (not a lot of sqft) on the market in the next three weeks and trying to decide on whether to open the wall between the dining and living room for a feel of openness or leave it as I have heard from two interior designers that the open concept is on the way out as we are more at home and liking our separate areas in the home.Pragmatically speaking the opening of the wall will be mostly a time drain with it being a load bearing wall and having to support the ceiling while rebuilding and all the drywalling necessary.

Thank you for taking the time to type all of this out and break it down for me.

Plus managing tenants is a bit more time consuming with this model.