It never hurts to call them back to see if they have any idea what they are doing just for the reason you said - if they are decent, hop on that list.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.I am also fully licensed for primary and secondary homes in Florida.We are all here to help you learn and grow.

Self-managing the STR has some great tax benefits if you meet IRS requirements.  

I have been interview by the criminal IRS investigators 2 times now in 5 years still nothing. these things grind quite slowly and it could turn out the money went were it was suppose to and they made bad business decisions and will just roll it up to a big bankruptcy wipe everyone out and continue on with a new business we see that all the time.. there is no debtor prison that's why we have business BK laws  .. allows one to crater the company and any debt or equity and then start all over.. kills a reputation but you don't go to prison..

Use a promissory note drafted by an attorney to outline loan terms, including an interest rate that aligns with IRS Applicable Federal Rates to avoid gift tax issues.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

The IRS Found Out.

A concern, however, if we do a sale, is with the price, as I understand that if I sell at too low a price (say, $200K, give or take a few thousand to pay off my current mortgage), the IRS could assess a tax on my parents if the price is more than 25% below market value. 

I don't beleive this is true based on the IRS site stating you don't have to issue a 1099 if you are "not engaged in a trade or business."  

Then, you need to study the IRS Publication 523 regarding the Sale of a Residence.