The issue with section 179 expense is that you normally have to operate at positive income.Under most circumstances, bonus depreciation is better since you can take bonus depreciation even if you operate at negative income. 

They aren't the actual bank so need to upcharge these fees and hoping in volume they can make enough to continue operating. 

It's important to understand the zoning/code requirements and obtain all necessary permitting if you intend on operating your real estate as STR anywhere in the country.

Your LLC needs more than 4 pages operating agreement.They are recommended by many but not with me.

I'll also add that Bonnie's group is a great resource with operators from 0-Bonnie.

In Pittsburgh, where I live and operate, this would be a two to three-month process in front of almost all out local district magistrates.

Operating in the Luxury SpaceWe focus on properties in the $1.4 million to $1.9 million purchase price range, which allows us to sell finished projects in the $2.5 million to $3 million range.

The city operates on a block-by-block basis, and understanding those nuances takes legwork—or working with someone who truly knows the area.

So at the moment, if you buy a property now and operate it as a 30 day rental, owners are not having any problems with the gov't.  

We are a Veteran owned and operated mortgage company!