Hello tax experts, I have specific question on filing taxes for Short term rental property (30 days or less).

I've talked to one lawyer who looked over the title and taxes documents and said it's clear, but I don't fully understand what that means.

So many are misinformed on what S8 does and how it does it.It's our tax dollars, so S8 is NOT looking to place low-income tenants (S8) in Class A properties.

After they pay rent and taxes they have about $1,500 or $388 a week for everything else.

You may not include income earned that is not on a tax return, an administrator or PHA may consider additional income in that household, a teenager may mow lawns or receive child support that may influence funds available to that household. 

Hello for a beginner investor, which type of investment would you recommend, tax liens or mortgage note investing.

Since this is my first property purchase ever, I wonder how escrow accounts, etc for property taxes would work.  

Being able to 1031 it into something larger would pay great dividends down the road, not to mention starting a fresh a depreciation cycle on your tax cycle. 

Tax benefits, good investment possibility, cashflow.

What is the tax treatment with respect to reporting, depreciaiton, etc.