Most likely your conclusion is correct, but the only way to confirm it is by having a real estate accountant review your tax situation.Also, please read this introduction if you want to better understand the concept:https://www.biggerpockets.com/forums/51/topics/1075919-five-...

I will say, short term rentals require a bit more work, and if you are moving out of state, you may want to take a look into getting a property manager ( take that cost into account when running the numbers ).I hope that helps, reach out if you have any more questions. 

His work products and many others can be found with simple google searches for free online.

The rules are more complex than we can fully explain in an online forum.

He has an online network called Financial Friends Network.

These qualities are far more valuable than the numbers in your bank account.7.Set clear goals.

The ultimate answer is no (and I'm not a tax accountant).

My appointment is with the same lawyer (Jarom Bergeson) .. and I sent him a list as well of options that I found online to get his opinion on the best structure.

We also didn't take into account the slant in the floor either. 

If you're more of a 'personal referral' person than a 'do research online' person, and this is local to you in Manhattan, KS, hit up one or two of the trades people in the "little apple all stars" BNI group.