We see often the highest demand on our rental listings in areas that are predominantly owner occupied, so don't worry about that.I am also not a big fan of the classification by ZIP codes, which seems to be viewed as expert knowledge amongst newer investors.

But STR is still a very viable asset class, if you are hunting for the right deal.The people buying some random cabin in the woods for $1.2M because it did $120k in 2021 have extremely limited margins for any kind of travel pullback, and they are likely going to get smoked just as badly as the folks that bought high growth tech at the top of that temporary boom. 

If you are the sole member of a LLC and you did not make any entity classification changes such as Form 8832 then for income tax purposes that LLC is disregarded.

We have every micro market broken down by classification and expected returns.  

The same applies for second home and investment classifications.

You can use these without physical in-person meetings.FREE IRS Set-Up: Step-by-step instructions to easily, quickly and correctly complete IRS Form SS-4 for federal ID and Form 8832 for the proper LLC tax classification to audit-proof your tax returns and more.

I agree with you that you'll more than likely end up underwater on your new car purchase, especially with putting down a small down payment.I never knew about the luxury auto classification.

It generally varies from market to market and across property classification (i.e.

There are different classifications based on where your property is located.

There isn't a classification for under a year but more than a month stays.