Are you looking specifically for a licensed property manager, or are you looking for someone to host your STR and handle the day-to-day operations while you make passive income? 

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Can I still count it as income?

., CBRE, Colliers).)Affordability: Ensure household income has grown at least 1% YoY for the past 20 years.

It's a good move to keep things separate – set up a business checking account for your rental income and expenses, and maybe a savings account for unexpected stuff or future upgrades.

Owner didnt need a lot of cash out (he had recently sold a CA home) and is now getting same monthly income he had previously without the headache of maintenance and management.Building was poorly managed and rents waaaay below market, which is where we saw value.

My accountant is telling me that we should just keep it on my tax return for 2023 as a rental, and not primary, since I have too much income from the studio I airbnb.

I will be filing this season for the first time being a home owner and house hacker.I would like to work with a tax professional who has experience with this strategy.Tell me why I should cancel my meeting with H&R Block this weekend...For context, I have a W-2 income and have had 3 tenants stay in my home within the past year. 

Income would be roughly $12,706 ($16,800-$4,094) based on projected annual tax (Wake County 0.96% of AV (taxed at 0.5 market value)) and insurance (0.59%).

As our rental income is building up in the bank account now, we are wondering how to finance the next one.