The federal tax code establishes stringent criteria, including guest stays limited to seven days on average and the provision of basic hotel-like services, to qualify for this advantageous tax treatment.Understanding the mechanics of the short-term rental tax loophole is imperative.

Wealthability quoted me $15000 include tax planning and filing one personal and one business tax for one year? 

Make sure you include that in your calculations.

. ($5,657 on a 120,000 property) It included 2.25 upfront loan points.

Include a copy of the property management agreement, any photos, estimates and most importantly the findings/rejection from your homeowners insurance.

I am into it 55k total and collect $1500 a month (each side is $750 including water), but there are a lot of problems.

Change to another property that would change the neighborhood, for example going from residential to commercial.10 Selling for a higher and better use, including tear down.

I have rented 2 of my properties for filming, including my own personal home (backyard) just last Sunday. 

Installation of a complete system including a tank is typically done in a day.

What it takes to thoroughly clean after a move-out including pets is not an easy task.