Its the action of Alienation of title that creates the ability of the lender to accelerate.

I’ve never asked anyone to “be my mentor”, but I feel like I have several now, because I just showed up, created friends, and asked questions. 

I do have folks that don't book because of that.That is a good thing as not understanding the distance to get places will create bad blood and cause those 2 and 3 star reviews which no one wants to see.Like @John Underwood, our place isn't cheap so we don't get the folks that destroy places.The bottom line is that you are renting out an expensive asset to strangers for 3-10 days or whatever.

You might have a good reason to create one, but it's almost never for tax reasons."

What I wrote above does not create an attorney/client relationship between us.

Benefits include immediate tax savings via bonus depreciation (60% in 2024), but depreciation recapture tax applies upon sale.This post does not create a CPA-Client relationship.

If you want to avoid partnerships, bring them as lending partners vs equity partners.This post does not create a CPA-Client relationship.

Check out FilePlace, where user-created forms are available for free.

Hi BiggerPockets Community,I’m Alex Banegas, an ambitious multi-family investor passionate about creating wealth through real estate.

I would also suggest using Pricelabs to create a comp-set and filtering for 29+ days to see the listings in your market that require 29 or more days.Here is a great article: https://help.pricelabs.co/portal/en/kb/articles/using-pricel...