The 1% rule is best only used as a quick and dirty evaluation used to pick which property you plan on running additonal calculations on.

For short-term rentals (STRs), the 100-hour rule may be an easier path.

You can find positive cash flow and the 1% rule here!

The 50% rule - in my opinion- is used solely as a quick back of napkin calculation to determine if it is worthwhile to do more investigating of a property. 

Or maybe a favorite way to stay updated on local rules?

Do you guys still apply that rule? 

There are rules to follow!

The STR owners have banded together and are meeting with the town as a group, and it looks like the town will adopt some STR rules allowing and setting guidelines for STRs. 

@Seidy Lasker Wash sale rules apply to stock options if they are deemed "substantially identical" to a security sold at a loss within 30 days, such as options with similar expiration dates or strike prices.

We meet the fourth Tuesday of each month.