Keep in mind that it’s a broad overview, so combining it with more localized research is key.2.

We have a rental property and did not provide a washer or dryer. 

I have paid a combined total of roughly $75k for mentorships, courses, and programs in the last 18 months.

I completed Form 8824 in TurboTax as a combined transaction.From my understanding, this transaction is tax-free, and the gain is deferred.

With those two combined that is going to help me have a lower monthly mortgage payment.have you thought about negotiating a price reduction and negotiating seller concessions that you can use for buying a lower interest rate and/or closing costs?

It reasonably allows us to forecast the combination of traditional W2 earnings + a growing real estate portfolio and model out corresponding tax considerations. 

It's a unique opportunity to combine my passion for real estate with hospitality, and I'm eager to dive into the process, build a portfolio, and create welcoming spaces that generate both income and experiences.

However, if your spouse qualifies for REP status (for example, if they are a stay-at-home partner), you may be able to apply the losses to offset your combined income.

I don't think it is that accurate sometimes, but combined with the review on the 2 OTA's, you should get a pretty good idea.You can also go to Awning.com's estimator - https://www.awning.com/airbnb-estimatorIt is free and pulls the same basic data AirDNA does.

I joined believing the community was here to help its members make such decisions, (smartly), and in some cases, partner together to improve the probability of success (and learning for the newbie!).