That metric can be used to compare this investment against other investments (real estate and anything else).There's a calculator on the BP website that should help with this, in the Tools menu!

I am looking into 1031 exchanges and just making sure I’m optimizing my taxes.

Not really in a place to try to 100% optimize for my profit.Looking to sell my townhome in Countryside - Sterling, VA within the next few months.

Hello All, Quick question to see what others are doing for optimizing tax advantages for STR. 

Is appealing every year the optimal move? 

A reputable company with local expertise could help us optimize the house's income and handle the day-to-day responsibilities of managing an Airbnb property.

A lot of the optimal house hacking strategy is based on your income and goals, and is very much relative to each person's situation.TYFYS, and best of luck!

Optimally it will also allow programmed entry codes for regulars like USPS and UPS.

Optimally we'd like to help get them transitioned into the market rent but based on what the previous owner did with their rental rates I don't think they can afford it.

Another terrific book is “Optimizing your AirBnB.”