You should declare it as income and immediately put it as an expense.

If President Trump declares parts of Sonoma / Napa to be a disaster area, 203(h) financing will become available.

They use the experience of getting started and declaring that "I am an investor" as that impetus to go and do more and build their portfolio.  

Do you have a declaration page sent to the lender each renewal of your policy?

So if one defaults with a mortgage because they cannot make the payments, they take a huge hit with their credit score and finances and may even declare bankruptcy.  

I wasn't aware of any "DECLARATION OF EASEMENT"protocol and discovered that there were no CC&R's nor is there an HOA.

They had to declare bankruptcy.

Length of stay may vary from city to city and some are declaring anything less than a full month as STR.So if today there is no such restriction(s) and it is a viable business model for you now, how long can you assume that will continue and if it changes, can you survive the change.CAVEAT EMPTOR.

Income is declared on your tax return.The rate you pay on your rental income will be the same as the rest of your income.

And I said you were representing the landlord weren't you and your only legal duty was just to rent out the property right, and then he declared yes but thanks to you I can't do that now, and don't you know your not qualified to deal with commercial real estate and should stick with houses.