For short-term rentals (STR), the IRS requires you to prorate NORMAL depreciation based on the time the property is available for rent, not when you purchased it.

They normally work 50 hour weeks.  

Imagine waking up to breathtaking views of the Quail Valley golf course right from your backyard!

Normally an annual STR revenue at 20% of purchase price would provide solid COC.  

Charlottesville permitting is usually a nightmare and I can tell you that if you are trying to do something like that fully up to code then the city's standard is going to be more or less the same as a normal house/structure.

Additionally, I normally build in at least 7% of the purchase price going towards transaction costs when selling a property.

So my folks that I fund do the normal stuff SEO  Direct Mail text and ( what I did) telemarketing. 

The one to four is a very comprehensive contract that covers everything and even has room for special provisions when something out of the ordinary needs to be spelled out.When doing not so normal purchases like a sub-to, I dont use the TREC, but one that I created from several other contracts.

ANR is already on the rise and back to " normal" pre Covid and show no resson not to feel they will exceed that given time. 

@Scott RayWhat you are paying is normal and not double taxation.If you want to only pay tax in the U.S.A., while residing in Canada, then you would need to hold the assets in an incorporated entity.