I thought I mention this.From Investopedia;The direct costs attributable to the production of the goods sold by a company.

That your vacancy is so stable is WONDERFUL but not all properties have that attribute.

When too much personal involvement as in flipping, rehab, wholesaling, syndication is added to the equation, the business aspect is hard to separate from the investment aspect and returns attributed  to business effort vs returns attributed to capital investment become blurred.  

Another great attribute to Homer is that we have an airport with direct flights from Anchorage. 

Paragraph 1.2 (b):Physical Property Description - Public The Physical Property Description - Public field is intended to describe the physical attributes of the listed property only.

Expenses directly attributable to a specific property must be allocated to that property.

A simple way to get a best guess is to go to Redfin, put in the zip code, click on filets and click "Sold" the click the attributes that apply. 3 bed 2 bath, 1200 sqft  single level, etc., sold in the last 3 to 6 months withini half a mileYou should then see a few houses and that should give you an idea of pricing.

As a result of these limitations, the remaining $100,000 of capital gains attributable to nonqualifying use will be subject to long-term capital gains tax rates (along with the $29,000 of depreciation recapture).

Also, just because it may have the attributes of a bedroom, does not mean it is legally considered to be a bedroom. 2) Marketing - Many properties are marketed differently.

Destin has better attributes for a vacation rental market, as I understand it, than we do in the Space Coast.