Proper documentation and consistent reporting are crucial to ensure compliance with IRS requirements.

Gatlinburg and Pigeon Forge are both extremely strong right now , with most people overpaying in the years that you mentioned and simply not KNOWING OR CARING  how to properly run a top notch Air BNB. 

If it is for liability protection, keep in mind to actually limit your liability means that any loans and insurance for the property need to properly be in the name of the LLC and not your personally.

The bank will sell notes to other banks, mortgage companies, dealers and those who hold the proper license in a mortgage industry activity, just not to Joe.

Start by setting up a proper business structure—an LLC or S-Corp—and obtaining an EIN.

I don't believe they properly screened her. 

With my increased AirBnB performance, I decided to turn 2 other rental homes into short term rentals and decided it was worth investing in proper training to make sure I was doing it right. 

- Insurance Implications: How might allowing pets affect my homeowner's insurance, and what steps should I take to ensure proper coverage?

They often offer coaching programs that can guide you through the fix-and-flip process, including how to properly assess properties during walkthroughs.

You should have boiled them down to the following lack of proper due diligence.  1.