Home office deduction is available if you have a rental property and designated space exclusively used for rental property business.

Perhaps engaging your experienced real estate CPA would be very useful here as well and money well spent.For scenario 6, you will need to look into what other investment options you could do with HELCO proceeds and add those options into the spreadsheet as well.For the sake of it's importance, I will also repeat the following: engage your CPA on this if you do not have extensive experience in underwriting deals and analyzing financials of investment rental property.

They also help with operations as you can run them with one bank account and one set of books (if you manage the books properly by designating funds to each property).

Full disclosure - that is not what we have used, but it seems to get the job done.We did take the time to consult a designer on furnishings and got professional pictures, which seems obvious until you look at your competition, and our unit has booked within a week of listing both times that it has been available.

@Michael D Valadez, Unfortunately as you found, the Chicago Zoning Designations are a little odd in that the "3" in the RS-3 Zoning does not at all mean that it allows for 3-Unit residences.

Atlanta was terrible, but pretty sure I paid $20/night in a shared room so can't say much....My STR in Nashville was furnished by a designer.

You do not want to violate the Dodd-Frank or SAFE Acts that require this designation.

Just got a new designated business mobile the other day through Verizon and I am super excited to get started!

To anyone who engages in wholesaling,I spoke with a real estate group recently that knew that I work in the data field.

Nothing about what might motivate me to sell (not that I'd engage in that kind of nonsense anyway) or asking how I'm getting on with the weather.I mean, I guess it's better than wasting my time, but since Bob here has already interrupted my work and train of thought, can I get just a little schmooze?