This will increase your filing fees significantly versus just your normal personal return Depending on the level of personal services provided during the tenants stay you will report it as self employment income versus passive income.  

(unclear)- Pay a fee of "an amount that will likely supersede the cost of the [STR] license itself" (they don't specify the exact amount and I personally haven't seen a financial penalty imposed on an operator)Hope this helps!

I have significant amount of more fees as compared to North Carolina particularly  1.

The way I would structure it is more like a syndication where you get an acquisition fee.

There are a LOT of people out there who do lend EMD but rates & fees are crazy high! 

For personalized advice, I recommend contacting a local closing attorney who can assist you with the process and record the deed for a nominal fee.

Seems logical to rent out my primary residence to eclipse viewers.But this is a one off event and won't happen again, so it wouldn't justify the yearly license fee for an STR.would like to gear drom experienced Austin STR folk on how to do this properly thanks

We are not familiar with the area directly outside of just what we can find online about it and would like to hear about the area from someone who knows it well and may be able to provide a local contact  Recommend local RE Broker most will do this type of work for a modest fee.

Call their attention today and say that we will not charge extra guest fees as long as they clean up?

Once a property is listed on the local MLS it automatically gets picked up by Realtor.com, Zillow, etc.  90+ % of sales of listed properties are the result of MLS.Realtors don’t want home sellers to think that they can pay $300 to a flat fee listing service and get the exact same sale via MLS as if they listed with a “full service” REALTOR and paid the standard 3% instead ( in both cases the buyer’s agent will be paid 2.5 - 3%).