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Updated over 1 year ago, 05/13/2023
Vacation Rental or Long Term rental?
Hello! My name is Allison and I am new to Bigger Pockets. I am currently educating myself on real estate investing. I am trying to figure out my strategy. I live in Tampa FL and my dream is to own a property in walking distance from the beach. I would use this property as a short term rental and use it for my family 2 weeks out of the year. I have heard there are many tax benefits using short term rentals. My husband and I currently have $100k to use towards investing in Real estate. Would you invest in a vacation home property and go the short term route, or would you invest in a single family long/mid term rental property? Or.. if you have $100k, what would you do with it as a REI?
- Allison Craft
Crafty Co-Host
9 Reviews
5.0 stars