Tom,The "Double Taxation" rally is predominately a myth.  

This online service is promising a bunch of things inlcuding Provide you the lodging tax rate specific to your property Obtain and update any required tax accounts and licenses File and pay all lodging taxes when due (lodging taxes are filed either monthly or quarterly) Keep you up-to-date on any changes & communicate with tax agencies on your behalf.its $27  a month per property and there is a one time $299 set up fee. we will be starting with VRBO and AirBNB only for now and it is my understanding that they will remit all taxes in Georgia (verified by county tax office as well).

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

It also has a little MIL unit in the lower quarter and will be paid off soon.The type of house would influence my decision. 

I do quarterly inspections.

This leads me to my last question which is this: is it common to wait until the end of each calendar year to split up the profits (where I would actually receive a check for my portion of the profits), or do other partnerships do this quarterly?

Maybe another quarter to half point in some markets (and then some crazy markets like Boise and Phoenix perhaps even more), but unless inflation is a lot more stubborn than anyone thinks (requiring a lot more rate hikes than the Fed is currently projecting), I don’t think interest rates or cap rates are going up too much more in most markets.How Long Will This Take To Come Into EffectAssuming we go with your 12-18 month projection, I believe the Fed will reverse course in this time and operators will be in a much better position before most of them get desperate.Bias In The MarketAgreed with all this.

@Eric Smathers, I'd spend the 30 minutes focusing on the various taxation structures for your LLC.  

Aloha,By nature, Property Management is very repetitive, or cyclic, based on the fact that primary functions happen monthly, quarterly, or yearly.

Overall crime is up 3rd quarter year over year by 4.5%, property crimes are up 7%, violent crimes are down 5%, but homicide has increased by 26% in that same time span.