I always suggest finding someone tax wise who caters to your biggest tax need.

I think the biggest change is the fact that it's all over social media, podcasts, youtube, etc. 20 years ago none of that media was around, so it was literally just your friends and family network.

$204k revenue all said and doneLessons learned?

Let us know if you have other tax questions and I'm sure BPers can help you out.The biggest takeaway from taxes from my short term rental is that the income is taxed as earned income.  

Biggest thing is to establish a team and start. 

Our biggest mistake( after that we did not put the cameras all over the house, until it would be sold ), our biggest mistake was, we never actually have read the policy, with the foolish confidence that we will never need it.

But the biggest thing is to not make mistakes when you buy.

My biggest issue is trying to get the down payment on a home I've spoke to many lenders and they all ask for a down payment 20 TO 25 %.

I like the additional revenue for sure.

Yes, it's clear now.I'm buying a house with all cash I have to reduce the price (to have the biggest possible gap between the purchase price and ARV), then I'm planning to do the cash-out refinance to purchase another property and use the income from the first to pay of the mortgage of the second.