@Pretty Khare As Ruben and John mentioned above, you can utilize a cost segregation study on your STR property to reduce taxable income (or create a taxable loss) to offset against your W2 income, but you need to ensure you are following the IRS guidelines very carefully.

Losing money but created a ton of equity.

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I created an account with ZRM, the same email that received the request, but I don't see my listing there.

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For sale by owner transactions were originally created when grandma is selling her home to grandson.

I believe this information should be shared before they take your 8000.00  Open Spaces program created a Facebook page (for Alumni of the program) to allow all cohorts to communicate and ask each other real estate investment questions even after the 3 months program closed.

How to Vet: Look for CPAs with STR expertise and cost seg firms certified by reputable bodies like BP, with positive reviews and case studies.Start with a CPA to build a strong tax strategy for your STR.This post does not create a CPA-Client relationship.

Clearly these are just example numbers, but it is how I would look at it.And then layer in if refinishing all the 1 beds is a $100k renovation, but converting into a 4 units is a $150k renovation, now you are spending more money to create less revenue AND have a property worth less at the end of the day.  

The city’s diverse economy and growing population create a steady stream of tenants, and the Columbus Metropolitan Housing Authority (CMHA) works well with landlords, making inspections and rent payments a smooth process.