Hey David, My wife were in a very similar situation with our first place.

First time poster.

Code Sec(s):162; 195Docket:Dkt No. 30077-07.Date Issued:04/30/2009.Judge:Opinion by Gustafson, J.Tax Year(s):Year 2004.Disposition:Decision for Commissioner.Started investigating property: Feb Put first contract (canceled): May Bought first property: December 30thCourt decided that his 21k education expense was not deductible as business expenses but would be considered, at best, the start up cost.

@Chiane Martin the biggest challenge to doing Boarding Houses successfully is investing the required extra time.LTR - take the least amount of time, but time required increases as you go from Class A, to B, to C, to D.MTR - take more time than LTRSTR - take more time than MTRBoarding House - can take an insane amount of time to manage!

Would 5% commission for the first $1 million and 4% for anything above that amount be reasonable?  

Does STR income after the first year become passive income? 

The first procedure, outlined in Section 105-374 of the North Carolina General Statutes (referred to hereafter as G.S.), pertains to a mortgage-style process and necessitates the initiation of a standard civil action within the state court.

I have found two classes with membership options but I am having a hard time deciding which class or if I even need a class.

The first floor bathroom and 2 bedrooms were given a fresh coat of paint and a good cleaning.

Background: I am 22 and bought my first house hack two years ago.