Yeah the law changed I believe back in 2020.You cannot do short term rental with an HPR unless you own both sides.   

No one has ever asked me. 3) Depends on if you want longterm or short term residents. 5) We used Redstar https://www.redstarbackgrounds.com/ they give you accept/decline recommendations.

The only reason I am not serving a notice to cure is because I’d rather they take the very attractive offer of lease breakage and move out - which they are not willing to. 

As @Brett Synicky suggested, keep it simple, as a sole proprietorship.You are also not considering that you will have to pay $800 per year and per LLC to your greedy state.In short, get some professional advice instead of TikTok advice.

. $10,000 has been collected by the lender and is in an “unapplied” status due to the short payments.

Our aim is to maximize appreciation and rent growth while still cash flowing enough to break even after all expenses in the short term.

However, in my short time I’ve found that tenant deception is by far the toughest part.

But. that short of a hold period would be suspect by itself if ever audited.  

Here’s why I’m asking:Say we sell a short-term rental (STR) for $700K, with $150K in equity we want to 1031.

Quote from @Jake Bute: Good Afternoon,I listened to Wheelwright's podcast the other day discussing how short term rentals do not have the same rules as long-term rentals when it comes to some of the tax laws around active/passive investing.