My short term rental is currently set up on a 39 year depreciation.

Consider setting up regular inspections to ensure the property is being well-maintained and address any potential issues early on.

Hi @Andrew Hinspater,I have been setting up my last couple LLCs in Wyoming.

The demographics and reporting is extremely detailed and sharp and shows square ft per capita/incomes/etc in 1,2,3,4,5 mile radius depending on how you set it up.

If you get the shiny object syndrome and keep doing a ton of different strategies then you'll never master any one. 

That does clear things up, thank you for the input, I think I'm stuck paying the tax on this set of shares 

I actually like how my lawyer has things set up.

Include this in your sales pitch when reaching out.3) Offer STR services to build up cash and get your foot in the door...Cleaning, eyes on the property, landscaping, running to the store, small tasks such as a mail collection/trash day, offer a STR experience such as setting up for bachelor/bachelorette parties or grocery runs, etc...I think there's a missed opportunity with service based businesses and STRs. 

Everyone needs to set boundaries and have some down time.

My contracting team and I have talked about them getting like a 100k line of business credit that we can use to off set draw lag.