I will cover the ones that come to mind in reading your post. 

If you'd like her contact info, PM me; BP rules won't let me post it here.

Answer is you do all your homework ahead of time.Can't believe how many new investors buy a rental and then post here asking how do they market it, where do they get a rental application from, do background checks and they also need a lease.That lack of thinking things through will eventually lead to their failure.

Originally posted by @Craig Lessler:@McElroyI believe the IRS has taken the position that Airbnb income is active and is subject to self-employment tax.  

Just to add some context to my original post:- The $30k in capital gains is, indeed, mostly depreciation recapture.

Ask that over and over again.God bless you Sam, this is such an amazing post.

Hello new to posting in general but was seeing if anyone could help me understand the "Host Payout" receipt that I was forwarded from my property manager.

Originally posted by @Jaime Sepulveda:Michael great to hear you have identified a potential asset for investing in!

Great post @Lucas Carl !

I think your post was too broad to get many responses.