I recently received a personal property tax return. 

It is amazing to me how many people will trust their hard earned money with someone that was in middle or high school during the financial crisis.Beyond this initial search:Experiencetrack recordBusiness PlanAsset typeProjected returnsFinancial StructuresRights and remedies in legal docsRedemption rightsSupplemental Capital CallsOperations capabilitiesOwner/Operator or capital raiser for othersK-1 TimingUse of bonus and accelerated depreciation1031 optionsVertically integrated or outsourcedExperience of team through multiple market cyclesBackground, if any, prior to real estate and syndicationProjected returns net or gross of fees and carrySeeing full financials of current deals with budget vs actuals (if syndicator does not share, or only shares P&L delete their contact)Color on deals that went sideways or lost money and whyMarket analysisColor on why they like that dealRisks of the deal, as they see themDo they have third party audits, ideally from one of big 4 firmsAre they a fund or single asset?

If so, is there certain steps to take to qualify for the tax advantages?

Also 4th quarter of last year Packwood and county officially did discuss potentially regulating STR's by either limiting numbers or adding a tax to cover increases in local services that are needed.

However, it is important to note that the IRS has strict rules and regulations in place to prevent abuse of the depreciation tax benefits.

The home is valued at about $220,000, annual taxes are $6000.

If there is someone out there who will take away all the bad advice on an internet search and answer your questions, that person provides a value and might be worth your hard-earned dollars.3.

Propstream offers extensive property data, such as transaction history, tax, foreclosure and upcoming property auctions.

Hi @Rebecca Busch I am local to NC and we offer basic courses on real estate taxes.

In your situation, that could mean significant differences for eventual income taxes.