Example:HUD-1 Property Tax Credit: $3000Taxes during my ownership last 4.5 months: $2000Total Property Taxes Due: $5000 Since the city this unit is located in allows payments split into 4 periods throughout the year, can I pay the $2000 property tax expense in 2015, get the tax deduction, and then since the $3000 is a payable pay it spread out over the remaining payments to clear it out in 2016?  

I have temperatures for winter, notification times, deductible (they pay the first $100), etc really helps.

I don't think they necessarily have to own their own investments, but they should be very versed in real estate taxes and deductions, who qualifies as a real estate professional, etc. 

I too have experienced a steep hike in recent years- I'll be looking to leverage my volume in 2016 for better premiums-  on average I'm paying about $1k per door on my units; no claims and above average deductibles.

Seller financing may have a higher rate, tax deductible usually if you qualify, so the real cost in a short period may be cheaper due to lower (no) loan costs. 

You may be able to deduct unpaid rent from the deposits and make it a moot point:http://www.tenantresourcecenter.org/security_depos...Standard Legal Deductions: ATCP 134.06(3)(a), Wis.

This is a tax deductible gift too, since your branding is on each shipment.

Here are some other comparisons: Cons of Airbnb compared to traditional: - Possibility of having legal issues- More competition with those who rent just a room out and thus, for a lower price - Extra costs: sales tax, occupancy tax, supplies for rental, 3% host fee that is deducted from you bookingPros of Airbnb compared to traditional: - Social experience - Learn more about the hospitality business - Have the ability to play around with your prices 

Some things you will want to do, literally within the next week: (1) Most important: get a CPA;(2) consider utilizing retirement plans available to sole props to defer taxable income;(3) gain a full understanding of the business deductions available to offset your earned income and documentation requirements; and(4) gain understanding of whom you may need to issue a 1099 to and what you need in order to do so.

Property Numbers   Purchase price                                   $ 27,500                      Sold price                                                      $ 83,950                     Net Profit -closing costs                                $ 59,000                     Income from job                                            $ 30,000Married filing joint.Taxed income from job  ( minus deductions )                    $ 5,500If I have taxable income of $ 5,500   +                Property income                                           $ 59,000   =                  Total                                                           $  64,500Would I be taxed on total $ 64,500, @ 15%??