Also 4th quarter of last year Packwood and county officially did discuss potentially regulating STR's by either limiting numbers or adding a tax to cover increases in local services that are needed. 

This is a complicated situation with multiple layers to consider, so here’s my take based on your questions:If you’re looking to move assets from the partnership into individual LP (Limited Partner) names while avoiding capital gains, you’ll need a strategy that complies with tax regulations.

Just be sure to check local regulations because some spots are cracking down on STRs.

Focus on factors like affordability, growth potential, demand, and landlord-friendly regulations to guide your decision.Good luck!

I've consulted a few times over the years with planners and with the way I buy properties, my liquidity requirements, and my concerns about about how government overspending affects the future, makes me a poor candidate for IRAs and 401(k)s with the stifling regulations.   

One thing to take note of is that a lot of places that are established STR markets have regulations stating that you have to honor future bookings.

@Jonathan Greene @Jay Hinrichs @Nicholas L.Note: Each state has their own way of handling and regulating foreclosures, and as someone who is not specializing in foreclosures I can give you only general ideas and information. 

Issues with multiple national carriers leaving the state completely due to state regulations, massive loss ratios, huge increases in replacement cost values/limits due to inflation, etc. 

Having developed a majority of my career in CA the regulations and red tape for construction and development are intense. 

Hey @Caprice Watkins, so Sheboygan does have some STR regulations.