In the general environment right now, state regulators are looking for every excuse to go after "real estate investors".

This is what ChatGPT has to say about post scarcity:"Predicting the exact timing of post-scarcity is challenging because it depends on numerous factors including technological advancements, economic policies, social attitudes, and environmental considerations.

Best, Justin  Hi Justin - as you've noted - DSCR Loans are typically the best bet for this (Mid Term Rentals) and typically are for these newer/innovative strategies as DSCR Loans are typically done by private lenders that can move and adapt fast (versus slower moving lenders that must follow GSE guidance or banks that are under a lot of regulation and bureaucracy)Check out this article published at the end of last year here on BP that talked about "whats coming next for DSCR Loans in 2024" - Medium Term Rental financing solutions was one of the main topics!

So John and numerous others were found jointly and individually liable for a $400 Million + judgement.  

They need to understand that they will be taking over responsibility for making mortgage payments while the loan remains in your name.Legal and Ethical Considerations: Ensure that all aspects of the transaction comply with local laws and regulations regarding real estate transactions and disclosures.

However, several factors come into play, such as state laws, regulations, asset protection strategies and costs (widely different, e.g., California vs.

I'm heavily involved in the new bills being written to impose additional regulations on the islands STR's (now TAR's).

Do you go to the Dept of Health and review the thousands of pages of rules and regulations so you are absolutely familiar with everything?

Meanwhile, a legacy of restrictive local regulations around building has kept supply low. 

To meet his burden of proof under IRC 7491, the taxpayer must comply with the recordkeeping requirements of the regulations.