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Updated 8 months ago on . Most recent reply

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Tejas Telivala
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STR locations Upstate new york

Tejas Telivala
Posted

Hello, i am new to real estate investing and am looking for sugguestions on STR for upstate NY and surrounding area. My goal, is tax saving with the STR loophole, but also some rental income. Any sugguestions please? we currently live in long island, and was thinking of upstate NY, as that would be a drive away, if we ever decide to convert the STR to our vacation home. Thanks in advance

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Abel Curiel
  • Real Estate Agent
  • Queens, NY
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Abel Curiel
  • Real Estate Agent
  • Queens, NY
Replied
Quote from @Tejas Telivala:

Hello, i am new to real estate investing and am looking for sugguestions on STR for upstate NY and surrounding area. My goal, is tax saving with the STR loophole, but also some rental income. Any sugguestions please? we currently live in long island, and was thinking of upstate NY, as that would be a drive away, if we ever decide to convert the STR to our vacation home. Thanks in advance


 Hello Tejas and welcome to the BiggerPockets forum!

A recent client of ours owns a home in Valley Stream and also has a STR in the Catskills (Napanoch). This started as a nice cabin getaway for the family and turned into a rental.

2.5 - 3.5 hr drive depending on where you're coming from and what time you're traveling.

You may also want to look into Tannersville, Warwick, Greenwood Lake. 

All the best to you in your search!

Abel

  • Abel Curiel
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REbuild Team - eXp Realty
5.0 stars
215 Reviews

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