Here’s how it breaks down:- Normal Depreciation Recapture: Recapture is taxed at a maximum rate of 25%, regardless of REPS status, plus any applicable state tax.

Both require us to have extra money over what's normally required.With Short Term Rentals - you cannot finance the furnishings. 

I’m not planning on making any asset changes until we’re through covid and back to more normal times.

Be mindful that a house-hack is a partially a personal proprety and partially a business property.An LLC is normally meant to only hold business assets.

Determine how much money would be needed to handle each risk, and determine if you have sufficient liquidity / cash flow to ensure you can “stay in the game”.This is of course in addition to all normal “due diligence”, financial forecasting, etc. 

I started off profiting $1500/month as soon as I bought the houses (all within 2 or 3 years ago) vs only $300/month with normal rentals that rent to a family.

Regardless of how normal citizens view a person who is open carrying, my concern is more so how the threat/criminal can use it as an advantage.

If you have multiple properties where you can do this, you can finance a very nice lifestyle and still retain the underlying assets.Just curious the groups' thoughts on this?

Current building code requirements and local amendments should be considered forrebuilding the fire-damaged portion of the residence.The Engineer shall have no liability to the Owners, or to others for the acts or omissions of theContractor or any other Persons performing work on the project, or failure of the Contractor tocarry out the work in accordance with this letter, except where specifically inspected andapproved by the engineer and discovery of defect is possible within the normal ability or standardof care for the industry.This report is based on a diligent visual inspection of the referenced areas.

We get a quote from our normal vendor and we have the tenant pay for the difference of the two bills.