As copied and pasted from above-(1) more than one-half of the personal services the taxpayer performs in trades or businesses during the tax year are in real property trades or businesses in which the taxpayer materially participatesThat's how I understand the W-2 problem... it is hard to say you spend more time on real estate than any other activity if you work 2,080 hours.Another consideration is how much you rely on the W-2 income for lifestyle versus rental income.

If one system malfunctions, you'll be out of the water.

Most will tell you STRs are a lot of work and I won't disagree with that if you don't know what you are doing.I will say though, we have been able to put together some rock-solid systems and processes to streamline that to minimize the work and maximize the returns.My business partner and I are actually writing a chapter in a new book that is coming out this year about unique stays.

Anybody who thinks he can circumvent the pre-foreclosure process using "creative" ways, like your friend, expects too much from the system.

Hi all, we are looking to replace our current apt building access system vendor.

Don I have spoke at many of these events.. the one here in Oregon though I personally dont care for much.. they tend to bring in old retread type guys that are pitching systems that worked 25 years ago.. and I pretty much believe they are taking kick backs for the sales those guys are making..

In short, not really.I set up a system with direct to tenant meter billing to avoid the overhead of a relationship with an EV service provider. 

The worst part is No One answer thru emails and phone doesn't work for me (the auto system said my information is incorrect). 

A set price per unit doesn't make sense to me because the finishes in a C class unit in a modest market versus a B class unit in a more upscale market could be MILES apart and cost VERY different amounts to repair/replace. 3.

We are seeing opportunities for positive cash flow with creative acquisitions, but if you are looking to purchase conventionally, it would be really tough to make it work with the average prices versus rents that we are seeing in South Florida.