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Updated about 1 year ago on . Most recent reply

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Persephanie A.
  • New to Real Estate
  • San Diego CA
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Turning primary residence to short term rental - Military move abroad - CPA needed

Persephanie A.
  • New to Real Estate
  • San Diego CA
Posted

Hello Bigger Pockets Forum!

My husband is active duty military. We're both Florida residents and bought our single-family primary residence in 2021 in San Diego, CA with a VA loan. We're scheduled to move to Japan for 2 years starting in July of 2024.

We'd like to turn this property into a short-term rental during our time abroad. I'm getting the application process started with our city to obtain a license to do short-term rentals.

With this being - said we're thinking that it might be time to get an accountant to support us during tax season as we enter this new venture. 

Has anyone gone through a similar situation, have any tips, and recommendations on an accountant/CPA that specializes in these types of situations?

Appreciate any and all advice.


Sincerely,

Short-term rental newbie.

Most Popular Reply

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Sean O'Keefe
#4 Tax, SDIRAs & Cost Segregation Contributor
  • CPA | Accepting new clients | 50 States
763
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1,183
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Sean O'Keefe
#4 Tax, SDIRAs & Cost Segregation Contributor
  • CPA | Accepting new clients | 50 States
Replied

@Persephanie Arellano great post! 

Thanks for all of the details! You might reach out to @Nate Meeker who is based near SD. You'll also see him commenting in this forum. 

  • Sean O'Keefe
  • [email protected]
  • txt 6282410888
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