I was surprised and disappointed to see that all of the numbers for these properties (occupancy, average daily rate, etc.) were identical in both datasets.

That could mean unlicensed people abroad answering the phones, not protecting tenants info, that could make you liable for identity theft. 

The home may need paint touch up, bedding upgrades, kitchen equipment, etc.

The form is tricky, has bunch of codes to show that its not a sale but just an identity change.

Pretty simple really.Example - Buy the equipment to start a podcast and interview people in a certain field, now you've not only created a brand but you'll be the thought leadership platform for whatever that market or niche is.

A nearby almost identical property to it grosses $130k.

And LLCs add some distance identity-wise, all the way up to complete anonymity in some US states.

@Joe Farruggio Flipping income is not short term cap gain....it is taxed as ordinary income, including the 15.3% med/ss.The section 179 depreciation for vehicles/equipment has it’s own requirements, including the % of time the vehicle is used for business.

They require ducting like a traditional system but the benefit is, as the name implies, it's one piece of equipment.

I'm also a licensed Realtor now so I'm even better equipped to do so.