Purchase price: $385,000 Cash invested: $79,701 Waterfront short-term rental condo (3bd, 2bth)https://www.seasidevacations.rentals/rentals/sunset-bay-villa-310-nauti-girl What made you interested in investing in this type of deal?

Looking to rent out the property for cash flow (After some small updates / maintenance) and continue to build equity and loan paydown while I house-hack into a 4-plex in the Volusia County area.

Would this just include all LLCs (since all LLCs are corporations), or do they specify an LLC with specific criteria since by corporation they mean non-LLC corporations?

Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.This provision allows taxpayers to expense certain qualifying assets upfront instead of depreciating them over a period of years.However, there are several factors to consider when using this tax tool.Let’s break down how it works:What Is Section 179?

Quote from @Jason Serrano: Is there a software you use to crunch these numbers?

I would not keep this as a rental. 

Anacostia, while considerably better than it use to be is no where near class B.

This one is really a tossup.

This is a great place to start!

Aggregation Election.You can elect to aggregate all of your real estate activities into a single activity for purposes of meeting the material participation requirements.