That's great news for my apartments down the street! 

Typically tied 1-to-1 to prime, which is what goes up every time you hear on the news that "the fed raised rates again." 

GOOD NEWS: Since you have a W-2 job, you can ask your employer to withhold more during the last few months. 

Just google “AirBnB Dallas” and hit the news button and see if it’s scary and go from there. 

Changes in the prime rate are widely publicized in the news media and are used as the indexes in some adjustable rate mortgages, especially home equity lines of credit.

You may find some good news there.2.

It is looking more and more like STRs will only be allowed in some commercial areas and in properties that are owner occupied with a homestead exemption in place.See articles below:https://nola.curbed.com/2018/5/25/17394232/new-orl...https://www.nola.com/politics/index.ssf/2018/07/sh...https://www.nola.com/politics/index.ssf/2018/10/sh...https://www.theadvocate.com/new_orleans/news/artic...https://www.nola.com/politics/index.ssf/2018/09/sh...https://www.theadvocate.com/new_orleans/news/artic...https://www.theadvocate.com/gambit/new_orleans/new...https://www.nola.gov/city-planning/major-studies-a...https://www.nola.gov/city-planning/major-studies-a...

So, in this case, the guy with the rental has protection.Sorry, but it looks to me you have nothing - no rental, just an empty LLC (that's the bad news).

With this info they could also easily identify all illegal rentals and smack them with fines too.HONOLULU (AP) — Hawaii is seeking to find vacation rental owners who aren’t paying taxes by getting Airbnb to turn over rental records.Hawaii News Now reports the state Department of Taxation filed a court petition last week to serve an administrative subpoena on Airbnb for rental documents dating back to 2008.The department is investigating vacation rental owners’ compliance with the general excise and transient accommodation taxes.State Director of Taxation Linda Takayama says the department’s goal is to get the taxes paid, which could involve penalties and interest fees if owners haven’t been paying.Airbnb in a statement said it has received the request and is reviewing it.

The great news is that your client doesn't necessarily need to know you are new.