The participation must be regular, continuous, and substantial as defined by the IRS.

But I do have some family in Canada that have told me there has been some tax increases to the STR owners to try combat housing issues.

I realizing the duplex conversion strategy is more complex I probably wouldn't try it on my first property, just want to get a sense of what's possible in the Chattanooga market :) Thanks!

Unless you plan to sell one of these in the next 5 years, you'll probably get a better deal if you try to refi both of them at the same time.

I try to talk sense into them and say let's look at 3 top national tenants Aspen Dental, T-mobile, Starbucks for 3.5 million at a 6.7 starting cap rate with 2% annual increases on a hard corner with a nice anchor in a strong suburban locations putting half down and a full non-recourse loan.

I am trying to find a mentor and I feel like working for a corporate wholesaler might give me the experience I need to turn my little $175,000 chunk into a rental property business one day.

We have a member round table discussion on Fridays at 9 am cst.And we have a calendar of events with events from area landlord groups and member meetups.While we are still on zoom we do try to find ways to still be able to connect and talk with each other so our events are not all just another webinar with people talking at you.Hope to connect.

I like the idea above about trying to do MTR.

Try Jay Hurst ( on BP), I'm not sure if he works this area but he can probably find something or give you some information / options moving forward.

That doesn't surprise me about NJ, knowing what I do as a person who's lived in the tri-state area for 25+ years, especially since becoming a father and coming to truly appreciate what NJ has to offer offer.