All my rental income and expenses pertaining directly to them go on the E.. but the E doesn’t allow you to deduct any mileage or say a home office.. or any losses you take “at the office”.

The best way I've seen is to write up a management agreement structured as more of a "consulting" from the manager to qualify.Why This Matters in the STR GameHere’s how this plays into your STR strategy:You buy a house (say a 4-5 bedroom chalet near a lake, ski resort, beach etc.).

If you're looking at, say, a 12-month bridge loan (seen plenty shorter or longer), honestly you should have an idea before you even close on the loan how you'll refi (or be very sure you can sell) ahead of maturity.

That should cover most of what you need to operate a MTR.I'd say a MTR lease is 85% the same as an LTR. 

i bought a property last year to use as a Short Term rental in PCB. happy with my efforts this first year. i do not say as an Airbnb, as i got very few ABB rentals last year, mostly VRBO and direct booking.

I only use it to make it concise for others to understand what i am trying to say as i can get very confusing trying to explain things  

Hi everyone,I just wanted to say a big thank you to all of you for taking the time to reply and share your insights.

I would say a general range would be $2,500 - $5,000 per year.On the financial planner side, I'd recommend getting a fee only CFP.

I don’t have all the information so I am just shooting from the hip, but this is not my first time off the porch so take what I’m about to say as you see fit.

In this case I preach what I say as my debt is over 800x my 2024 income (I question if my debt ratio is the highest of all BP users).