I use furnished finder for leads and just started airbnb for midterm guests.

You may want to pivot to another guest type.

Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro Status starts with the IRS definition of a Real Estate Professional (IRS Pub 925).It is not as simple as getting a real estate license or working for a firm that provides real estate services.Ask yourself these questions to see if you qualify:Q1: Are you in the right business?

Advertising a non-conforming unit without disclosing its illegal status could be considered deceptive (and fraudulent), opening the owner to major legal risks (fines or tenant lawsuits).Even private marketing, like word-of-mouth, doesn’t absolve the owner from liability if the unit fails to meet legal requirements.

How much confidence do you have in yourself to attract guests to your property?

If you are claiming Real Estate Professioanl Status(REPS), it is important to keep a log of your activities. 

Suggestion: AVOID LIKE THE PLAGUE.I never received my order, no eta, and the only response I received was dated 10/21 saying they’d contact the manufacturer for a status.

Trustees like Brock and Scott provide details on their open cases and the upset bid status. 10-15 years ago, they had 10X the foreclosure cases. 

Conventional is still the gold standard, but DSCRs are a close second for good deals. 

We love that our guests are almost always repeat visitors, making the AirBnB feel like an extension of our home versus a true commercial business.