Prior to this, I had 2 years of good tax returns from 1 stable job as well as my side business. 

Hey everyone - Wanted to confirm something before filing the taxes for my STR, which is located in Virginia.Am I able to deduct all insurance, taxes, and mortgage interest for the year if my STR was available for rent the entire year but only had renters in it for 150 nights?

@Carlos PtriawanI see this as area dependent.

For contractors, it really depends on your situation.

It depends on how much the NY house will sell for vs how much the TN house will cost.

Tax Strategies- Tax Deductions: Ensure you're taking full advantage of tax deductions related to mortgage interest, property taxes, maintenance, and depreciation.- Consult a Tax Professional: Work with a tax advisor to develop strategies that minimize your tax burden and maximize after-tax returns.10.

I work with a significant number of hotel entities, I can address this from a tax perspective, I'll leave the liability issues to the attorneys.The lessee / lessor entity structure can be used for a few different tax reasons:1) There is a REIT investor - in which case they can only have "Rental" type income, while hotel operations generates "Ordinary" income. 

Top Landlord-Friendly States: Texas: Pros: Strong property rights, swift eviction processes, no state income tax, and a robust economy.

Nothing is risk free, it all depends on your appetite/tolerance.Speak to you in 2027 :)

Depends on the neighborhood as well.