Quote from @Kyler Tarr: I am on contract to purchase an investment property in Ohio and the inspection showed the house has knob and tube wiring even though it was built in 1959.

I got so lucky - the first 3 years, during the depths of the pandemic, I had a perfect tenant, no problems, even during the storms. 

They were house hacking in Capitol Hill before it was even a term.

I kind of didn't want to mention that on the listing so that it wouldn't turn people away before they even had a chance to see it in person.  

They remain distinct on Form 1040 with different tax treatmentOnly capital losses can offset capital gains (except for the $3,000 allowance)So even though material participation makes the loss non-passive, it's still an ordinary loss that cannot offset capital gains from stock sales on the return.The only way capital losses can become ordinary is upon the sale of your property, and that loss could offset your W2 salary.  

The marketer (guru) severely understates the amount of capital, time, and knowledge needed to produce successful results.And the above mentioned are the BEST case; not even mentioning the guru strategies that are fraudulent, illegal, unethical, and plain not realistically achievable.  

Also I am curious if you had to disclose any personal assets even if you did not use them to secure these loans in other to enter an agreement with them. 

AirCover is not a true insurance policy; it only provides coverage for guest-caused damages, and even then, compensation is at Airbnb’s discretion.

It's usually quiet even though the overall neighborhood isn't great.

Even though we live in earthquake country, this was a new experience for us.