Then decide if you want to Scale later and this fits.

If I give a client tax advice and they go to their real estate agent, who then goes to a forum to confirm what I said....I hope they get a cramp in their in their foot. 

So we would have to get a loan, pay off the seller and transfer title and then wait the seasoning period before doing a refi unless there is a bank out there that will treat it as a refi off the bat

So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.

However, should you have net rental income that is subject to net investment income tax, then REP status would be helpful to avoid NIIT.Just to be clear, if you have an STR and you materially participate in it, you aren't subject to NIIT. 

No use for a cashier when you got U-Scan will soon come to RE, people today a lot more educated then 50-100 years ago btw.

Also, the credits are "use them or lose them" - meaning, if you pay $12k a month for a 100,000 skips, then you have to use them all that month.

If you've gotta ask, then yes you need a PM.

If they find out, then legally, contractually, they have grounds to retroactively void the policy and deny claims for *anything* it covers -- including losses totally unrelated to STR, like wildfire or a windstorm.  

If you have ever learned something important by trial and error, then you can probably understand the frustration that you feel when you make a "rookie mistake" or a simple error that creates a big negative result.