They got Jared a policy that ran around $4,100 a year, which wasn’t exactly pocket change, but it felt like a workable number once he factored in the premium he could charge per night.

Section 179 deductions may apply to assets directly supporting your business, excluding personal-use components.This post does not create a CPA-Client relationship.

For added liability protection, consider setting up an LLC for the rental, though this may have limited impact if the mortgage is in your name.This post does not create a CPA-Client relationship.

@Anthony Vaganos thanks for posting. 

There is a big difference in how those are handled  HAHA I just saw a post and commented where the person wanted to ask if they should overpay for a home because they can get is seller financing.

Hope all of that makes sense but post more if you would like. 

Per my original post, "The Pitch".

I rest my case.And here is my older post on finding good CPAs:https://www.biggerpockets.com/forums/51/topics/1222774-expla...

Thanks for the care and detail you put into your posts on self storage.

Buy more, especially builds from post 20003.