As always, the rules are more complicated than I can explain in one paragraph, so check with your tax accountant.Myth 7: I can write off my STR's initial rehabSTRs or LTRs - the rules are the same.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Welcome to the site and to the Memphis area!

Build site is a block down from my house, so I'm planning to manage myself.

You can see the listings for sale on Martel Turnkey on their site right now.

Using co-hosts might help distribute management tasks, but this can complicate your ability to meet the material participation requirements, especially the 100-hour rule.

You could actually do this on your own by going through your Secretary of State website that would save you alot of money and am sure the EIN if free on IRS site too 

Easier ways I do this are using a site like rentometer.com - which is a subscription service that provides market rents by address with comps OR using zillow and/or craigslist to see what rents are in the area/zip code.

As a side note, John Beck’s presentations were so complicated and John was in any case extremely difficult to follow.  

The insurance company wants to fulfill its obligations to the insured, and the construction company wants to keeps its employees happy, working and retained while they travel to a job site.