My current CPA is saying because I make over a certain amount I am limited to what i can write off .

Your running a business with an STR, it is not a set and forget strategy.

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

The home needs very little work, and was renovated already to be set up like an air bnb.

Moving foward: 1) Enter into month-to-month leases instead of yearly (term) - they are the SAME to YOU but month-to-month give you all the leverage should this occur again in the future. 2) You should add a clause to elaborate on and expand on the current 'Noise/Waste' clause and the new clause should focus mostly on nuiscance and violation of other Tenant's quiet enjoyment and the remedies (fines) leading up to eviction if the issue is not corrected. 3) You should add a clause to protect yourself from the other Tenants (the good Tenants) ensuring to clearly spell out that you are not resposible nor do you guarantee that other Tenants will abide by the lease nor is it your respobility to enforce the lease vs. other Tenants, nor do you guarantee safety. 4) This is the most imporant one that will fix most of your issues: Because you are adding #3, you will now add yet another clause that gives ALL Tenants the right to enforce the lease in regards to your new 'Noise/Waste clause 2'  against any other Tenant who violates it and will idemnify you and hold you harmless, ensure to limit the right to only the pertinent clauses ---- essentially, if Tenant A complains to you that Tenant B is making funny faces at them... you can inform and remind Tenant A (in writing) that if the issue is a problem they have the right to pursue legal action vs.

Let's dive into the absurdity of setting up an LLC with a separate Wyoming holding company, just to sell an Xbox on Craigslist.

Great thing is, you have the capital set aside to fund future deals!

I didn't read the whole ordinance at Transfer-Of-Density-Units-Ordinace.pdf (charlottecountyfl.gov) but there is a provision for limited relief under section 3-9-150(i).

With the above set-up, could I hypothecate a Note against the Mortgage and Note my LLC would have with the Borrower that would spell out the terms of between my LLC.

That means you'll put them in the best Mastermind you can find, not one limited to people with a particular chromosome.