If any portion of the building or structure is occupied by the taxpayer, the gross rental income from the property must includes the fair rental value of the unit occupied by the taxpayer.IRC 168(e) defines a dwelling unit as “a house or apartment used to provide living accommodations.

In fairness, that could be due to disruption from all of the construction.Our current PM has done a good job maintaining the property, but more and more I find myself having to get involved in day to day issues. 

I am not a plumber, but I have had my fair share of this, and most of the time, you can hire a plumber to snake & jet the line.

The idea is intriguing, but online research has yielded conflicting opinions and "pay to play membership plans; can't get a straight answer whether this is legit or scam and not worth the front-end subscription payments.  

Profit-sharing in the 20-30% range is also common in situations where coaches play a key role in creating wealth through property investment.”

Anyways, we felt like what they had to offer for management seemed fair and we still wanted to proceed to use them even though we did not have a good experience with Michael Azzam. 

Not an attorney, nor a CPA, and I don't play one on the internet, BUT, things to consider if you would want to run revenue through your LLC...The LLC would need to be tied to the property in some way, either as the owner or manager.

Let's say, 10% on average. 25% x (1-.1)= 22.5% average STR fee.Average those two, and you get a little less than 18%, so 15% seems like a "fair" fee

I can see doing this for kids or close relatives but strangers.. dont think so.. to me its just another one of those totally grey areas  that maybe legal but ethics come into play.. artificially raising someones credit ?? 

Obviously the laws in different places may vary but I suspect that is how it would play out in most places.