Offer a great first-stay experience with thoughtful touches like welcome gifts and clear communication to earn those initial positive reviews.For Big Bear’s rules, stay on top of local ordinances—maybe even connect with other hosts for advice.

My net number is rental income minus expenses(3 mortgages, paying power bill at all three houses, property tax, insurance, internet in two properties).

The actual mechanism for moving the LLC would be best to consult an attorney or tax professional.

What do I do differently to "earn my fee"? 

*Renovation Costs – Includes labor, materials, permits, and unexpected repairs*Holding Costs — Utilities, property taxes, and financing costs during the renovation time.

What's even more frustrating than asking the IRS help desk, is asking a Turbo Tax "Tax Specialist".

You know a similar thing happened in Kansas City (more specifically Jackson County, MO) regarding property taxes in 2023.

PLus after the 10 year tax abatement the cash flow will be severly impacted2.

According to our understanding:1) California does not recognize REP status, but we could claim it on our federal taxes, is this correct ?

I'm so excited to hear the Maximizing Your Tax Benefits session!