When you convert an asset to Roth you have to get a third party valuation and often they come in at a major discount..25-60% so your taxable amount is way lower than the actual conversion.  4. 

purchased it deeply discounted What was the outcome?

purchased it deeply discounted What was the outcome?

Purchase price: $8,500,000 Cash invested: $3,450,000 This property was acquired from a motivated seller at a 20%+ discount to market value.

Purchase price: $8,500,000 Cash invested: $3,450,000 Off-Market Acquisition Overview This property was acquired from a motivated seller at a 20%+ discount to market value.

I charge a premium and as such, expect things to be a bit nicer and feel okay saying no discounts for people shopping for discounted stays as there is a reason I charge more than my competitors.  

My numbers for my first month is a bit skewed because some bookings was on VRBO and some were discounted for my first month so I'll have better numbers in 3 months time.But it is my first month well barely my first month so most of these estimations are based on airbnbs near me that do well at worst I will make 12k in profit which for a first year is not bad for me personally.

If you can buy all your kitchen appliances at once and ask for an extra discount or at least free delivery & installation, that's great too.

We had to discount the heck out of those to get them sold. 

Anyway, yes, if you know how to work performing notes and can get a decent discount (unlikely from institutions) they can be a gravy train.