Is it real that you can save on W2 income taxes if you have a short term rental.

Are they the same from a Tax perspective, Ordinary income versus long-term capital gain rates?

I have a property manager that handles payments/tenant screening so I don't need anything too fancy yet, but I liked the dashboard visuals to see where things were at, and to be able to have all of my transactions and my PMs in one place for tax time.

Is taxes going to be higher today or higher in the future? 

Even it makes $100 per month, if you have 100 of them, it is $10,000 per month.Reviews are just reviews, tax is just tax.

I would be less out of pocket eating my tax bill without write offs and getting into something with 5% down

Our student loans are almost entirely federal with a couple thousand a month in payments if that matters.We have so many questions...any guidance would be greatly appreciated!

This will be very close approximation, with some assumptions, like insurance and property tax costs.

Purchase price was $102k and tax value is at $106k.

A detailed floor plan of the property is also required.TOT (Transient Occupancy Tax)This is what lodging tax is called in California.