To the benefit of all of us.

Our strategic improvements and efficient project management resulted in a significant return, benefitting both our team and partner, Preston Moore.

If you intend to stay in the property long enough to recoup the costs associated with the prepayment penalty and enjoy the benefits of the lower rates, refinancing may be worthwhile.8.

You’re guaranteed to be a millionaire after 20 years plus have training, retirement, benefits.  

Take short-term rentals - they do provide several tax benefits, but they are hard to run and very hard to succeed at so people make the mistake of choosing the tax vehicle, get the benefit, and then lose money on the investment and hate it.

I don't agree with your lender that you have to live in the property if you are using a conventional loan, but depends on what product they are giving you, maybe a work around for that.I would not purchase based solely on what income you can derive from STR.

Consult a real estate CPA or tax attorney to assess if the benefits outweigh the fees and risks for your situation, and consider alternatives like 1031 exchanges or installment sales for simpler strategies.This post does not create a CPA-Client relationship.

There is no, or very little, current benefit - there is no cash flow.  

I hear on podcasts about getting a title company on your team… what benefit does this give you?

My main advice for avoiding liability is: (1) work with a great insurance broker to get comprehensive coverage; (2) avoid signing full recourse personal guarantees whenever possible; (3) max out your 401(k) or defined benefit plan with ERISA protection; and (4) strive to reach a point where you’re not personally involved in the business’s day-to-day operations.Disclaimer: While I’m a licensed attorney, I’m not your attorney.