The key IRS provision that governs this is in Section 469, which outlines the passive activity loss limitations.

July 1 to Aug 15 STR revenue will cover the mortgage for the year provided that we spend that time staying with family and/or on a low-ish budget vacation.I'm not suggesting you move to this forgotten corner of the country, but look at a solid vacation rental market.

If you have to evict in Chicago, don't cut corners, and hire an attorney. 

The Defendant then brought an action for possession pursuant to §83.59(1) which states“[i]f the rental agreement is terminated and the tenant does not vacate the premises, the landlord may recover possession of the dwelling unit as provided in this section.”9.

Thank you for this @James Carlson , as has been mentioned it is not allowed to post AI generated content in the forums, it falls under section E of our rules "no impersonations" If you or anyone suspects AI generated content please tag @moderators and we will work to resolve the issue as quick as possible.

I replied the section in the terms that had the rate consistency.

Got new renter, but the 2nd contractor cut some corners, took about $10k to finish it and the others. 

However, since this is your primary residence, it doesn’t qualify for a 1031 exchange unless you convert it into a rental and hold it for a period before selling.To avoid capital gains taxes using the Section 121 exclusion, you’d need to have lived in the property for at least 2 years, which you haven’t met yet.

Just trying to get the home section 8 livable  

Great place to find cheaper BRRRR deals and Section 8 tenants.