Everything goes to the same bank account but each STR is its own job/account therefore can be coded individually for reports on income & expenses.

The only state distinction I am aware of has to do with tenant protections; tenants that are over 30 days have significantly more tenant protections than those less than 30 days.The clarification of STR and what it means varies by jurisdiction but many jurisdictions (large percentage of counties in my area) have nothing in their code about STRs or classifying them as commercial. 

You’ll need to code expenses by class (property).

Qualify as a Real Estate Professional (REP) under the tax code. • This requires significant hours and material participation in real estate activities.• For someone working a full-time W-2 job, this is very difficult to achieve legitimately. 2.

Both can work great, what matters most is the quality of the report and how it’s applied on your tax return.If you have a CPA who specializes in real estate, definitely loop them in.

That zip code is a good choice because of the airport.

The title insurer should be able to close with a special exception for the notice along with a notarized acknowledgment from the buyer regarding the exception and how to remedy it post-closing. 

What matters most is finding someone who truly specializes in real estate tax strategy, not just general business returns.

Where are the high vacancy zip codes? 

We explained to the code officer that the dates were blocked out for personal use.