Considering the high property taxes unfriendly laws towards landlords , inventory, and prices here, I’m pondering out-of-state investments for potentially better cash flow.

Is it real that you can save on W2 income taxes if you have a short term rental.

Are they the same from a Tax perspective, Ordinary income versus long-term capital gain rates?

I have a property manager that handles payments/tenant screening so I don't need anything too fancy yet, but I liked the dashboard visuals to see where things were at, and to be able to have all of my transactions and my PMs in one place for tax time.

I would be less out of pocket eating my tax bill without write offs and getting into something with 5% down

By paying taxes on the income you receive from the trust, you can potentially spread the tax burden over many years.

Even it makes $100 per month, if you have 100 of them, it is $10,000 per month.Reviews are just reviews, tax is just tax.

This will be very close approximation, with some assumptions, like insurance and property tax costs.

Purchase price was $102k and tax value is at $106k.

. - Looked at the property tax.