- Run a cost segregation study on this property in 2024 and you might have $100k on line 18...Without diving too deep on this post - If you run this scenario as a real estate professional while materially participating in the property, You'll be able to reduce your's and your spouses taxable income that year... 

Have enough that after you buy the property you still have 6 months of expenses in reserves that you can use for daily living.

Helping you to shield W-2 income, making STRs a great option for high-income earners looking for ways to reduce their tax burden.2.

This takes a little more work, but it's the fairest and reduces the likelihood of tenants that squander utilities.If you choose #2 or #3, there are considerations:Start with an average.

This level of scrutiny drastically reduces the risk of renting to unreliable tenants.Realtors vs.

That reduces the average daily balance and as long as you make more than you spend, it will work it's "magic"...

That would be great if you can post the study here.P.S what are your thoughts on PropertyRadar(I hear they do daily updates I dont know how true this is though) and Listsource by core logic(the site claims daily updates)? 

Rates:$2,000 Daily$10,000 Weekly$30,000 Monthly$25,000 Long Term Monthly$3,000 Holiday Daily$15,000 Holiday WeeklyI am looking for insight for anyone who has experience in this market to see how realistic that is... 

I'm looking for a platform that has daily data updates. 

I would just go on VRBO (or similar) and look how people design their properties where it really matters (they are trying to rent to daily guests and design/amenities are super important.