Typically, it's applicable to certain types of property, and the rules can change.Regarding short-term rentals and bonus depreciation, the Tax Cuts and Jobs Act (TCJA) introduced favorable changes for businesses, including bonus depreciation for certain qualified property, but the specifics can depend on your situation.Using your property for short-term rentals may affect your ability to qualify for certain tax benefits, and the classification of your property (personal residence, rental property, business property, etc.) can impact the tax treatment.The IRS has guidelines regarding the depreciation of rental property, and bonus depreciation may not always be applicable to residential rental property.Additionally, if you decide to switch the use of your property (from short-term rental to long-term or mid-term rental), there could be implications for tax treatment.Given the complexity of tax laws and the potential impact on your specific situation, it is strongly recommended that you seek advice from a qualified tax professional.

As a former bike mechanic I know renting bikes for a profit is a full time job because of the repairs.

For me, I have a regular full time job. 

(there could be many more) https://www.victimsbelocscam.com/forum/victims-discussion/mc... ya i have seen these con jobs over the years.. sorry you got traped in this..

I am a proud NIMBY, but 1) I do believe there will is a need for more housing 2) not everyone can afford to live where they want with a nice standard of living.

I had a huge remodel, and when I finished I sat down with the customer to go over the job.

smaller purchase prices, easier to scoop up a bunch to create a nice portfolio. 

Nice, we love it here! 

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).

2) Can you "keep your day job" while you get started?