It is generally not advised to hold appreciating property such as real estate inside of an S-Corporation.Taking the properties out will be considered a taxable event.

IN case the house you bought needs urgent repairs because of some natural events .

I don't know if there are other hosts out there who get invited to Airbnb events and webinars for their feedback and input, but we do. 

This isn’t just a property manager, it’s someone who’s willing to be on the hook financially in the event the owner does not comply with city ordinances.  

Maybe that is not the case today, but I have always favored tanked WHs, especially on my own homes.Most people may not care about this, but.....in the event of a disaster, if you have a tanked WH, you will have 40-50 gal of stored accessible water at your disposal.

They quoted an umbrella policy for $200 extra, which is very reasonable.From my limited understanding of insurance policies, if I have the second-home policy with home sharing endorsement (personal liability $1M) plus an umbrella for $2M, then I should have about the same coverage I get from Proper, even in the unlikely event of an off-premise liability lawsuit. 

Make sure you come to the Space City REI Meetup this month on Septermber 25th to meet some fellow BP members here in Houston - At The Cannon Event Room near Bunker Hill!

According to Airbnb's Major Disruptive Events Policy, you should be able to cancel without any fees to you or the guest. 

Unfortunately most investors focus their time and resources on preparing for the liability event rather than proactively operating their businesses in a manner that prevents the liability event from occurring.

For the moment let's leave out what I paid for the land, because it will vary and in any event it is easy to subtract that amount at the end.