@Eric Jones,So, you're saying that the Amortization Schedule Spreadsheet is coded incorrectly?

As a result of being federally charged with these crimes, you may face monetary fines, penalties, prison time and other consequences of Equity Skimming.Equity Skimming and related penalties of sentencing are detailed in 12 United States Code USC Section 1715Z-19.

as a "donation" (translating to the benefit of taking a deduction for 2025).

There are some benefits to having an LLC on reduced liability, but there are more expenses. 

However, eviction must be by cause (i.e. you can never evict without a justifiable reason - so more or less you are stuck with a tenant unless they stop paying rent or breach their lease, or some other narrow units such as moving in or curing code violations - though then you have to pay relocation costs).

If so you may benefit from a step up-in-basis.

No you won't benefit from the tenant paying down your mortgage or the house appreciating, but you also won't have to deal with tenants, maintaining the home, etc.

A couple of things I like to tell my newbies-Owning a short-term rental property can offer significant financial benefits.

Here’s what you need to know:Key Benefits for Landlords1.

It will familiarize you with the basic terminology and benefits.