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Updated over 3 years ago,
STRs in New York - Long Island or Catskills
Hi
I am a long distance BRRR investor with 4 units in Florida.
I am looking to identify STRs in Long Island
- ie Cold Springs Harbor, Hampton’s (although Hampton’s properties are probably too overpriced). The tax benefits of material participation for STRs (with a W2 job) are very enticing. But do not know the market. Could also be open to the Catskills area.
Anybody market knowledge/experience of targeted locations in these areas?
Thanks
Ben