I'm looking at the proper treatment of the de minimis safe harbor election 1.263(a)-(f), specifically paragraph 6 which details the anti-abuse rule.

On the other hand, STRs present higher income potential, flexibility in pricing, and potential tax advantages, but require active management, adherence to regulations, and may entail unpredictable income.

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If present within so many days of move in (30 days for us) then it is our responsibility.

Nice that you presently have a good tenant.

Keep plugging into BP to keep your mind going and be prepared to strike when the opportunity presents itself.

I feel like if a deal is millions of dollars underwater at present valuations, it’s better for everyone to just hand the keys back.

If you aren't licensed and aren't presenting yourself as such they will know you are the owner OR they can simply ask for a copy of the document giving you authority to sign the lease which of course would be signed by YOU as the owner. 4.

Please keep in mind if you do it, make sure you or your PM is checking the games (i.e. making sure all pool balls are present, and sticks are not broken, etc). 

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