It reached all the way to the ground... at least that was clean ice!

I know that most people who OWN a property and put it on airbnb claim the income on Schedule E ("passive income"), which avoids having to pay the 15.3% self-employment tax.I'm wondering if those who are practicing rental arbitrage by renting the place that they list on airbnb also claim the income on Schedule E, or if you claim it on Schedule C bc you don't own the place that you're listing on airbnb.Whether you own or rent the property that you list on Airbnb, the activities are the same: acquiring the property, furnishing it, activating utilities, listing it on Airbnb, hiring cleaning services, etc, etc.

Were you able to get title insurance and did/will you be able to get a clean title?

We have a STR that will be weekly during the summer, so that cleaning, etc., is more easily plannable for us. 

I've used them for cash sales in less than 14 days, they get it done cleanly.  

Or if you wanted to run a real business, becoming a private lender would clean up, but it's a lot of work. 

Managing STRs involves guest communication, coordinating cleanings, promptly (like, within an hour or so) handling any maintenance issues - it's completely reasonable that their rate is higher than that of a LTR PM.  

I was there last week and see the city seems to be getting aggressive tearing down some of the old houses and getting the lots cleaned up. 

My wife had already remodeled the kitchen, and after we got married, we spent some time to clean it up and do a full bathroom remodel. 

But sellers typically prefer not to retain the buyer's contact information to facilitate a clean transition to the next transaction and avoid potential financial entanglements, It's essential for buyers to recognize that the original owner could reclaim ownership if the property was purchased from a title sale auction, with specific state regulations, such as a 2-year reclamation period in New York, Despite these factors, owner financing can benefit buyers by fostering a sense of connection with the seller.