The age of a property is not a gauging item.

If you don't pass you will receive a report with the failed items and have a chance to schedule a re-inspection.

If any of these items are deductible, they will have to be accounted for when calculating your state taxes.

I don't mind used items, but would need delivery, installation, and haul-away of old units.Thanks so much!

Having your past two years' tax filings (if you file independently), a W2 statement (if you have one), easily accessible last two months' bank statements, paystubs (if any), and some other items all in one place ready to share at any moment's notice will definitely save you headaches down the road when you are moving quickly to get approved and into contract on a place.4.

My recommendation is that you screen tenants using a service which offers the full spectrum of reporting (job history, rental history, income verification, credit score, any adverse items as a part of their full credit history, nationwide criminal background check, terrorist list check, sex offender list check and eviction history).  

Even before we had one of our units not chosen, we had donated to a legal fund to fight the STR quota.  

It is unclear if the LLC is a single member LLC or a multi-member LLC.Furthermore, everything regarding the rental are added up and summed and reported on the rental section of the return.Talk to your CPA as items relating to CAPEX and start-up may require to be capitalized.Talk to your CPA if you are eligible to offset rental losses with other forms of income such as W-2.Real Estate Professional status may be difficult for you to qualify if you are a salaried employee working 9-5.There may still be some workarounds.Best of luck.

With cleaners doing 5 cleans per month at ~1 hour each and handymen taking on maintenance items only, I don't see how they would ever exceed our 6-8 hours average per week.We also do not have a PM and self-manage, with little/no automation yet.Between myself and my spouse, we will be putting in at least 6-8 hours per week minimum in the operations of the STR.

You have to budget for damage and replacement of those items.