I want to make sure I take full advantage of all tax savings/deductions as a STR and don't want to jeopardize a potential audit.Do I report this on a schedule E with my other long term rentals?

I found this information in the on of the forums that @Anthony Thompson referred me to:Originally posted by @Michael Plaks:@Andy J. and @Alik LevinYour confusion comes from mixing together these two completely separate issues:personal deduction on Schedule Abusiness deduction on Schedule E (rentals) or C (flips)If your loan is used for investment/business purposes, the interest is fully deductible against the corresponding property on Schedule E or C.

Knock on their door and say hi.In all seriousness, we send a letter and and e-mail.

Transfer or sell and buy back into the market?

E.. nunchucks that I can remain quit that long.  

However, on 2/1/2020 I created LLCs and eventually transferred the properties towards the end of February.Do you think I apply for the EIDL grant as a sole proprietor or using the LLC? 

At this point, you can either just look to transfer the debt and continue to pay it down, or transfer the debt AND take out some equity to put cash in your hand. 

@James E. 

in states that rely a lot on attorney closings and physical signings and dont have E recordings are going to be hampered.WE do all of ours as mail away and i have in house notary so not an issue for me.. and then the counties have E recording..

Then I will e-file all my state and federal tax returns at the same time in August.