Hey Zach,I am not a tax professional but I am in my 2nd househack and it is my understanding that you are correct on the washer and dryers.

We’re looking for a tax professional who understands medium-term and short-term rental properties.

You get an immediate $50,000 tax write-off.

It’s just not how the tax world works.

Quote from @Briley Roe: My cpa explained that I should only be getting taxed a capital gains, not ordinary income tax.

I am guessing you mean what happens if the sales price of your house is not enough to cover taxes owed.

Most of us underestimate property taxes (I did too).

I try to meet with all my clients at least once before tax time.

But my kids are really into Tax Sales ~ but the best deals they get are using the tax sale list to contact owners . . . offering to clear / pay tax debt and give owner some $ for house ( so they can afford to move out. )This must all be done BEFORE the auction  If owner does nothing, and house sells at tax auction, then they get nothing ~ loose the house and the sheriff evicts them  This is all not easy ~ and the success rate is probably less than 1% . . . but they've got some amazing deals. 

When the property is sold, the depreciation recapture rules will apply, reducing your tax basis and potentially increasing your taxable gain.This sounds like it is straight out of chat gpt and does not answer my question. 🤣  Completely agree