The last adjustment was made in 2021, it appears.

It appears from talking to a friend that it may be possible to just file a 1040 and thus omit the tedious 1065s and 1120- one apparently has to do schedule E for the pass through income for the 1040.

It appears you know this and that is the reason for your post.

However, it had a similar effect on sellers, many of whom cannot stomach selling a home with an extremely low-rate mortgage just to buy another a 6-7% rate.According to the Wall Street Journal, “Almost 70% of households with mortgages have rates below 4%.”To drive it home, though, take a look at this chart of median single-family prices in Austin for 2022 (including December so far):The median single family home sold in November for around 20% less than the median home in May 2022, which appears likely to be the high water mark for some time to come.

It's great that you have found a potential short term rental (STR) property that appears to have strong financial returns based on your analysis.

Wausau, WI certainly won’t appear on any “best rental market” lists, but I wanted my first deal to be local, and I want to contribute to my community.

NPS: 2018- 11,421,2002019- 12,547,743 (10% growth y/y)2020- 12,095,720 (-4% growth y/y)2021- 14,161,548 (17% growth y/y)2022- TBDSource: irma.nps.gov/STATSWhile It looks like there's some credence to the discussions of reduced rental demand, it doesn't appear to be significant (3%-7% depending on the number of bedrooms). 

I'm very conscious in regards to ratings as you appear to be but some really deserve it and the public deserves to know.

Appears that he redone the ceiling and moisture damage in baseboards).

My question is surrounding why they appear to be so inexpensive in these larger buildings?