Each period during which a customer has a continuous or recurring right to use an item of property held in connection with the activity (without regard to whether the customer uses the property for the entire period or whether the right to use the property is pursuant to a single agreement or to renewals thereof) is treated...

However, converting these into desirable, owner-occupied homes could capture untapped market segments, particularly as economic conditions improve.Age Distribution and Market DemandDiverse Age Groups: The presence of young adults and an aging population suggests varied housing needs—from starter homes to downsizing options.

We have always been heavy travelers so this has been a great fit.Another item to watch for are areas that are tightening regulation and areas that are the wild west that now have an oversupply of airbnbs.  

But clearly other items are required because some that have 5 star are not getting the distinction 

Just look at how people went crazy over grocery store items during Covid - not limited to toilet paper and bleach.

Taxes are easier as well since all expenses are itemized for you in the monthly statement.

You may potentially be entitled to some itemized deductions.If you are considered in the business of lending - the income is considered business income and also taxed at your marginal tax rates for both federal and state.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

However, while we were cleaning up, we treasure hunted out at least $3000 stuff, including $300 cash on the floor, several un-opened Amazon boxes, new-in-box computer/gaming items, hair tool ($300), YouTuber's gadgets, new with tag heated jacket ($220), an unassembled exercise bench ($500 at least), so many new or near new stuff that you can sell.

Door lock, detector batteries, other consumables, replacement of damaged or disappearing items like pool towels and linens, replacing blown out screens (I spent over a grand just on screens last year though we did have a freak huge hail storm).