But I attribute this to the failure of the expected rates drops. 

(d) Items of Limited Liability Company loss, deduction, and expenditures described in Code § 705(a)(2)(B) which are attributable to any nonrecourse debt of the Limited Liability Company and are characterized as partner (Member) nonrecourse deductions under Treasury Regulations § 1.704‑2(i) shall be allocated to the Members' capital accounts in accordance with Treasury Regulations § 1.704‑2(i).

I think a lot of its fame can be attributed to MTV for broadcasting it as a popular spring break destination.  

Actually, I did attribute the coaching fees over 6 month period and thought it's fair for someone like me with no experience in STR at all to start off and have the resources, design, coach, mentor all under one roof to give it a good shot. 

This ensures that expenses can be easily attributed to the correct property.

Any potential gains attributable to real estate that are mentioned are gross and do not include taxes, fees or charges.

I partially attribute this to the gurus and wannabe GP's who lie about their true real estate holdings.

Appreciate any honest insights.I’m not going to get into the math here; other posters have covered how they personally view ROI, profit, cash flow etc.What I will tell you is that the number one attribute I’ve seen in SUCCESSFUL “active” investors is that they LOVE the real estate industry, the process, the “deal”.  

So the percent of the sale attributed to the side you lived in would give you the first $250K ($500K if married) of profit tax free. 

What do you attribute to?