I’ve been treating the baseboards inside too.As a landlord, I plan to keep spraying around the property and do interior treatments every six months during walkthroughs.

You must hold the property over one year from the deed transfer date to qualify for long-term capital gains treatment (lower tax rate).Even though you invested in the tax lien earlier, the IRS doesn’t consider your holding period to begin until you gain full ownership through a tax deed.

This is what ChatGPT said about it.IRS Code § 831(b) refers to a special tax provision under the Internal Revenue Code that applies to small insurance companies, particularly “micro-captive insurance companies.”Here’s a plain-English summary:IRC § 831(b) - OverviewWhat it does:Allows small insurance companies to elect to be taxed only on their investment income (and not their underwriting income, or insurance premiums received).Key Features:Eligibility Cap:As of recent updates, to qualify under § 831(b), the insurance company must have annual net written premiums or direct written premiums that do not exceed $2.8 million (as adjusted for inflation).Election Required:The insurance company must formally elect 831(b) treatment with the IRS.

Bitcoin does not qualify.However, if you're looking for more passive opportunities to invest, there are a few syndications that qualify for 1031 exchange treatment, such as 721 UPREITs (Real Estate Investment Trusts) or DSTs (Delaware Statutory Trusts).

., avoiding hotels or long commutes).Exclusive business use: If the camper is used only for the flip project and not personal travel, you're in better shape to claim full deductions.Tax Treatment OptionsSection 179 Deduction:You may be able to deduct the entire purchase cost in year one, up to $1,220,000 in 2025 (subject to phaseouts), if the camper qualifies as “listed property” used more than 50% for business.Personal use will reduce or disqualify this.Depreciation:If it doesn’t qualify for full deduction under Section 179, you can depreciate it over 5 years (typical for vehicles), but again, only for the percentage used in business.Operating Costs:Fuel, maintenance, insurance, and registration may be partially deductible based on business use.Self-Rental Caution:If your LLC owns the flip but you personally own the camper and rent it to the LLC, the IRS may treat it as self-rental and recharacterize the income or limit deductions.TipsKeep meticulous logs of time and purpose at the site.Track business vs. personal use percentages.If audited, you’ll need to prove the camper was used for business and that your use was reasonable and necessary.This post does not create a CPA-Client relationship.

I want to ensure this is done in a way that complies with California law, avoids triggering partnership tax treatment, and doesn’t lead the IRS or courts to recharacterize the arrangement as equity.

You should however, hold us accountable and not providing an answer yet on your email asking about a warranty and the treatment is not acceptable.  

The way you explain depreciation and the STR differences makes it a lot easier to understand.I’m mainly focused on longer-term multifamily at this stage, but it’s super helpful to see how the tax treatment varies by strategy.

Most common is the person has some sort of mental health or physical health issue and the person goes to a near by hospital for treatment.

We used to hire a tech, but that actually caused more issues like bacteria buildup, so we decided to create our own SOPs and train in-house.I use AquaDoc products from Amazon for water treatment.