Secondly, short-term rentals provide flexibility for owners, allowing them to potentially use the property themselves when not rented out. This

Here is a newly created resource on BiggerPockets, which touches out cost segregation, accelerated depreciation, bonus depreciation, depreciation recapture, Real Estate Professional Status (REPS), STR Loophole / STR Strategy, example properties, and more. 

You've got this...

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Also, if anyone has any experience in land purchasing I would appreciate any tips or websites on how to find the best deal or agent for the same.

Check out this PM I got from a BP member.And how much help and aid did CA send North Carolina and Tennessee?????? 

Pro Tip: Ask an insurance agent what your rate will be before you make that offer.

His crony Hatti Day is the “real estate manager” of the property and actively avoids addressing any of the lies she makes related to the unit.

I found that out myself a few years ago. 

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party.