. - Amenities: not only for guests that stay, but for yourself!

I would first start looking at the various strategies for saving massively on tax, mainly the short term rental loophole and real estate professional status and then decide if these strategies align with your goals.

Plus it has a nice and easy direct booking website that integrates with Stripe and allows me to chat with guests.

Gross negligence refers to an act taken without exercising even the most basic amount of care owed to others, including guests and the property, itself.

It isn't in the best side of town and worried about unwarranted guests being brought by tenants.

However, I'd appreciate it if someone could confirm this and provide more specific details, including the relevant zip codes.Thanks :)We had a lot of problems with Guests at our STRs in Jacksonville Beach (ended up selling them!).

In some cases guests are booking a week before their stay.

Treat those first few guests like royalty.

When guests on BP say they have 20 doors (I know they're not bragging they're just stating facts to further the discuss) I used to feel deflated.

Hey Joey,Cost Segregation and REPS: Yes, you can perform a cost segregation study once your wife qualifies for Real Estate Professional Status (REPS) and use accelerated depreciation to offset your W2 income in subsequent years of renting the property.Purchasing Another Property: It can be beneficial to purchase another rental property within the first 5 years to continue maximizing depreciation deductions.