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

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.

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

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.

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

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.

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

Great post @Lucas Carl !