You essentially save 20% on materials for the markup.

Quote from @Tom Enright: Hi Forum, I'm about to close on my first STR and plan on materially participating >100 hours this year as I'll be working on the property and plan to rent it the last 1-2 months of the year.

:)Hahaha thanks - rhythmbrewers.com, my shameless promotion.

I was not going to but I noticed BP is now promoting RentRedi again on their recent podcasts so just want to share with others before people decide to switch. 

They are known as the Winthrop Factors-The purpose for which the property was initially acquiredThe purpose for which the property was subsequently heldThe extent of improvements made to the propertyThe number and frequency of sales over timeThe extent to which the property has been disposed ofThe nature of the taxpayer’s business, including other activities and assetsThe amount of advertising/promotion, either directly or through a third partyThe listing of the property for sale through a brokerThe purpose of the held property at time of sale; the classification as an investor or dealer is determined on a property-by-property basis.To me intentionally buying a property to renovate it to resell it for profit, twice in the same year, and opened an entity to do it in ....is going to be ordinary income and not capital gains. 

Fannie Mac is a publically traded company, ticker FNMA (more later).These GSE’s were created to to promote homeownership by providing liquidity to the secondary mortgage market.These are GIANT housing players, and this is hard to understate.

Hi! Closing on a condo next week. 2 bed 1.5 bath 1100 sqft. Curious to know what you would suggest for durability and longevity for a long term rental. Specifically flooring and tile options. I’ve never done remodelin...

@Brooks McCarvel - MBAs are a dime a dozen and IMO are not really that useful except to get promotions.

How are they sourcing materials?  

But I also wasn't expecting the promotion to apply for a 28-day booking.