Quote from @Steve Wright: Not sure what you mean by claiming what I didn't pay, I paid to improve the property before it was rented.Yes, it seems strange to me if someone purchases a home, improves it, then rents it, that they can't claim the value of the improved property for depreciation, as they paid to improve it.Steve, just like on another thread where you were asking about renting to your family, you are not sharing full information and then are getting upset that we are somehow not reading your mind.

Good perspective, thanks for sharing.

Make sure the listing has an Instagrammable space with a unique hashtag incorporated in it so the social media posts increase.Happy to share some more ideas...this is off the top of my head.

Let's explore opportunities and share insights, especially considering your location in Forth Worth.

Thank you for sharing!

The refinance itself, will be treated as a loan purely to be paid back by the LLC over time.It is best to speak to a CPA or Lawyer pertaining to this first and foremost to properly discuss the private details that should not be shared online. 

My question is, how should the partnership be structured so that each partner pays their share of taxes at the end of the year? 

Installation is the lions share of the cost.

I'd like to hear people's STR beginner stories for any/all markets if you'd love to share your story.

A large family would never want to share a private house.