That should ease as the spring season comes into full swing and rates are a bit more stable.

Don't go for a home-run swing on your first property.

We have a sellers market and we have a buyers market, and rest assured the pendulum will swing the other way in due time. 

The only reason he brought it up is because it's such a huge swing...Another CPA on IG informed me that this should be filed on Sch E and just show it's not a passive loss, and we should have the same amount of refund ($17k).

And there is a particular cutoff per geographic region.In our specific case, our property is less than 15 minutes away from 2 golf courses, and 20-30 minutes away from 2 major lakes, 30 minutes away from Rocky Mountain National Park, etc.

Used to code for a living way back when, but now I've been swinging a hammer in construction for almost a decade.

Usually I find that FSBO's are way overpriced.600K to 800K is a HUGE swing.

Hello,I recently had an idea for adding a golf simulator in a room as an added amenity.

I am a bit confused as to why you have a $7,600 swing by changing entity type, I could see it causing some difference in accountant fees at the very least if you're including them in that, and maybe something with SE tax, but $7,600 for a new business seems a little much.

The way the market is now and with so few buyers as well as it being an off-market property (relatively no competition) if you can swing it and will help your portfolio grow, I would do it!