You could try ozone treatment first.

It only seemed natural to get into it as a full-time job.

I think the correct treatment is for them to report the interest on their personal return if the IRS gets really nit-picky, but I don't forsee it being an issue since the amount is relatively small.

It's human nature (unfortunately).

well in note funds your going to have clunkers its just the nature of the business.. having been in the HML space since the mid 80s personally NO ONE bat's 100 .

Lenders are still unfortunately tend to be very conservative on the rent-by-room (SRO) type arrangements still - its an area that really could use some better understanding out there but just be careful with expectations because a lot of the treatment of these properties (even if nothing like a old-fashioned "boarding house") can be tough

Because if "the body" doesn't pay, we have to get "the body" out and it isn't fun times lolIt's important to build a large portfolio with B class or C class properties because there will always be something happening at any given moment IMO to 1 or 2 properties as I mentioned above.It's just the nature of the beast.I own a nice condo in Downtown Chicago since 2016.Tenant is a Crypto exec.Direct rent payment on the 29th of each month and haven't heard a "word" from him for many years.ROI is 3% tho lolA nice portfolio in the Midwest should deliver a net ROI year after year of 8% or so but it comes with more hassles.Anyone reading that wants to invest with us and only invest in 1 or 2 properties.Save yourself the hassle and us and don't invest 🙏Thanks ps.

Ask your accountant to read Regs 1.469 and CCA Memo 202151005.You can have Nonpassive Schedule Es under certain circumstances but it appears he is listing it as passive, therefore creating suspended losses.Here is a previous thread: https://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals

This should be interesting as better agents who have more business will naturally keep the firm at higher commissions, leaving less experienced agents with more low-priced business.Uninformed sellers will push back on including buyers commissions in the sales price resulting in less competition and lower prices on those homes.Uninformed buyers will self-sort out of the market unless they meet a great agent to explain their options.

Maybe something that appreciates 10% naturally year over year?