In fact we just did a presentation on this last night we'll have a video out in about a week.

Currently I’m operating it as a STR, but I need a new cleaner and the quotes I’m getting are in some cases double my nightly rate, and the amount it grosses is only slightly more than what it will do as a LTR.

Case in point: LA city... and most recently, in the dark of night without warning, Pomona.I know there will be some on this forum who may disagree and will have their personal stories of how to overcome it and work around it.

Thank you so much @Greg O'Brien, I just bookmarked this thread, I stayed up until 2am last night trying to find answers to this, confused by different professional opinions and IRS publications.I'm trying to use STRs (rented out 7 days or less with no substantial services provided in which I materially participate) to reduce my W2 liabilities and my biggest concern was if doing this will trigger Self Employment taxes.If I understood correctly, in this situation I can use depreciation losses as active against other active income (which is what I want).

Make sure you have a handyman contact and also research to find emergency service people (plumber for sure). you dont want to have to go searching at 11 pm at night because of an issue.

If it is keeping you up at night and pinching your personal budget quite a bit, that's a different matter.  

But- you only have one review that’s problem #1, and you are $590/night.

.- Special Discounts: We offer last-minute deals and early booking discounts to fill any empty nights while maintaining profitability.- Using Pricing Tools: We check our pricing tool, PriceLabs, to set the best rates for the day.2.

Take a close look at both the property types, analyzing their average nightly rates and occupancy trends.As you search for investment properties, consider those with both pools and stunning views.

The cans need to be rolled to the curb twice a week and the city limits the time they can be out, from the evening before pickup, to the night of pickup.