The details are controlled by Section 483 of the Internal Revenue Code.https://www.law.cornell.edu/uscode/text/26/483Some bloggers, YouTubers, gurus etc. mistakenly refer to two other sections of the tax code, so let me address this confusion.Section 7872, also described in IRS Publication 550 as "below-market loans."

You will find many threads here on BP addressing your question. 

However, there are also concerns about the impact of automation on employment and income inequality, which may need to be addressed through policy interventions.Additionally, achieving post-scarcity will require not just technological advancements but also changes in societal values and economic systems.

We are always buying props, All I need is the address to tell you if you are underwater, and if so how much.

You are looking at a legal matter and need a lawyer to address it, but you don't want to get a lawyer.

Also, avoid issues with city and S8 inspections.3) Marketing Impact - a purple bedroom doesn't need painting, but usually has to be done to attract a tenant.4) Miscellaneous - anything that doesn't meet one of the above criteria.By logically breaking these down for our owner clients, we help them make better decisions on "repairing to their budget" and avoid over-repairing or being a slumlord.Suggest you use this approach with your PMC to address the $22k bid.Lstly, how many bids did your PMC send you regarding the $2k pest treatments?

@Kong Yong Get in your car, drive down every street in your target market, write down the address of the houses that look like they are in bad shape, get on property records and finding the mailing address of the owner, mail them....

There were some questions from the underwriter about me having enough assets but they were addressed (or so I thought) as I got the preliminary closing disclosure.

Operators - If you plan on doing the STR yourself, you will need to shell out the cash for this but only if you are renting out additional addresses on your property.

Here are some simple tips to help you communicate better with your guests:Respond Promptly: Try to reply to messages and inquiries quickly, ideally within an hour, to show you’re attentive.Provide Clear Info: Make sure your listing is detailed with information about your home, rules, and check-in process to set clear expectations.Personal Touch: Use the guest’s name and reference their questions to make them feel welcomed and valued.House Manual: Create a simple guide with Wi-Fi details, local tips, and house rules to answer common questions.Check-In and Check-Out: Send reminders with instructions a day or two before their stay and before check-out to keep things smooth.Respect Privacy: Let guests know you’re available if they need anything but respect their privacy preferences.Handle Issues Well: Address any concerns promptly and professionally to ensure a positive experience.Follow Up: Check in after their arrival to make sure everything is okay and thank them after their stay, asking for feedback.If you have any questions about managing your Airbnb, feel free to reach out for tips or advice!