Business comes first, taxes a distant second or third.

Sounds like a good deal, congrats Scott!

I know a lot of people who have made a lot of money in real estate here in Colorado.

I bought a house in Waianae a few years ago from a lady who moved to Anchorage.

And unrelated to notes but just last week got a request for a proxy vote for one of the funds I am invested in.

But after a year use it as airbnb.

A property qualifies as Homestead for this exemption if an eligible owner files a Principal Residence Exemption (PRE): https://www.michigan.gov/taxes/0,4676,7-238-43535_43539-210891--,00.html#:~:text=Section%20211.7cc%20and%20211.7,purposes%20up%20to%2018%20mills.Many investors have gotten an ugly surprise when they bought a property that was a primary residence of the seller for the last 20 years.

Even a low-cost broker costs something.

To offset costs, I’m planning to buy a duplex and pursue a house-hacking strategy:1.Rent out one unit as a long-term rental.2.Live in the other unit and rent out the bedrooms as short-term rentals (STRs) through a furnished rental approach.Before diving in, I have a couple of questions:1.Can I use a property for both short-term and long-term rentals?

Feel free to PM me for a referral There is no way that is a legit cost seg.