Quote from @Michael Plaks: If you have lived in the property for more than 14 days or more than 10% of the rental days then yes, no rental losses are allowed (i.e. bonus depreciation).

When it comes time to negotiate, the buyer will have his/her opinion on the matter so I’ll be somewhat dependent there, but it’s good to know the tax “mechanics” won’t be an issue and have a few reasonable options.Quote from @Michael Plaks: @Matthew HeffernanTax question first, because it's very easy.

Thank you for all the instruction Michael!

Quote from @Michael Smythe: Would like to know who on this thread works for free?

@Karan Shah @Michael McKinney is dead on.

Quote from @Michael Diossa: I lived in Orlando I liked it, but based on how things been going, Tampa seems like the better option. 

@Angelique Cannestro - like @Michael Doherty said, meetups are great. 

Quote from @Michael Smythe: @Miguel Suarez We’re so committed to the Metro Detroit area, we created a "Deep Dive" series here on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider: https://www.biggerpockets.com/member-blogs/3094/99854-deep-dive-into-metro-detroit-cities-ecorse We're not aware of any other property manager, agent, turnkey provider, flipper or wholesaler that's made the commitment to do this!

I'll second what @Michael Wagner said.

@Michael Plaks I have never heard of a Series LLC before, I will definitely have to do some research on that.