In the last few years the City of Danville has created lots of speed bumps for STR operators, so be sure to familiarize yourself with all those restrictions.

All the acreage is not perfect for development.

So many buyers' agents scrambling to show, place offers, and lose out even with strong offers, just a total waste of time with no paycheck for all the many who didn't win the bid. 

You would file this final 1040 for the year 2022, including all income up to the date of death.For the year following their death (2023), if there is any income that the deceased person’s estate receives, this income would generally be reported on Form 1041, which is the U.S.

The initial renovation budget was ~$30k, when all was said and done I spent $43k on the renovation.

Shameless plug:You can hit those numbers all day here in Bryan / College Station TX.

I hope it all goes smooth and you were able to learn for the next one!

The initial renovation budget was ~$30k, when all was said and done I spent $43k on the renovation.

If the HOA includes any perks (eg access to a pool), you can use that as a selling feature to tenants.

Enjoy the day all!