Just divide their purchase price by their gross heated square feet excluding garages. 

.** Excluding sub $100K units from Jerome Ave., Plimpton Ave., and Anderson Ave.Assuming your unit's value is consistent with the average unit sale, you'd have a roughly $90,000 gross profit. 

Perhaps, hiring a local co-host (or even a boutique manager) who is passionate about your property’s brand might be the sweet spot.PS: One interesting fact—Evolve’s 10% fee often excludes local vendor costs like cleaning, which can add up to an additional 10-15% of revenue.

At least within this question let's exclude the US market, taxes and laws since I am far from investing on that market.

Keep in mind these are only tracking 5+ unit sales and exclude 2-4 units which tend to be a higher price per door. 

Then when the property is sold, she excludes the entire gain as a sale of her personal residence ($250,000 exclusion) and she then gifts you the proceeds (nontaxable) saving all of the tax with no 1031 cost or deferred taxes.Just sayin . . . 

We have an 11-unit apartment building (five 1br/1ba, six 2br/1ba) and want to do a cosmetic rehab (new kitchen, bathroom, paint, sanding, and staining hardwood floors, excluding repairs on MEPs).

I assume I use the current value of the property (I know its the value of the house only; excluding land) when I "convert". 

Namely, you must be able to show that all of the following are true:you are married and file a joint return for the yeareither you or your spouse meets the ownership testboth you and your spouse meet the use test, andduring the 2-year period ending on the date of the sale, neither you or your spouse excluded gain from the sale of another home.If either spouse does not satisfy all these requirements, the exclusion is figured separately for each spouse as if they were not married.

Your tax advisor is spot on—writing off a luxury car for your short-term rental (STR) demands solid proof of business usage; slapping a logo on the side won't cut it.The IRS lays down strict guidelines: the car must be regularly and exclusively used for business, excluding occasional STR trips or grocery runs.