Best structure for a remote part-time house hack

[Ron Brady]

My wife and I live overseas ~40 weeks out of the year. We visit our former home area the other 12 weeks (4 visits x 3 wks/visit) to manage/renovate/grow our 7-property investment portfolio and to tend to personal matters. Up to now, we mostly stay in hotels when we visit our former home area.

We are considering purchasing a home with an in-law suite to part-time, remote house hack in our former home area. Doing so, we think, could provide us with a cost-effective and consistent place to stay during our visits stateside. What is the best approach from a tax perspective?

A. Buy as investment property, rent out the main house and use the in-law suite when visiting.

B. Buy as a second/vacation home, rent out the main house and use the in-law suite when visiting.

C. Another option we may be missing.