They can sell tax free.

Hi Jon from Boyertown, PA-You and your fiancé are interested in buying your first short-term rental and wonder profitable areas to purchase with a budget up to $500,000.I would look at places along the west coast of Michigan, Grand Rapids, Kalamazoo, and near Ann Arbor, MI.It is important to understand the local STR regulations in each community and partner with a property management company that can help your navigate that and manage it well for an excellent guest experience.Don't forget to look into bonus depreciation and doing a cost segregation study to increase the tax benefits of ownership and if you "materially participate" in the management of the property per IRS guidelines it can offset active W-2 income which most real estate cannot.To Your Success!

Feel free to message me separately.

We're part of STR Secrets so if you've been checking out that group feel free to reach out!

Once identified, we negotiated favorable terms by emphasizing a fast and hassle-free closing.

But I understand where I’m at now, and am willing to work for free until I can provide such value.A little about me.

OR feel free to PM and we can talk. 

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Feel free to DM me for the information.

Hi All, any input on renovating a house and possible tax exemptions under an LLC?