Preparing my for next purchase.

We have owned 14 SF rentals and 4 apartment complexes totaling near 1,000 units, and over 17 year period we have been sued exactly once.We had a 350lb resident that missed the bottom step of the staircase, fell and hurt himself. 

Most Temple residents live and work in Bell County.

Another option would be to use the Section 121 exclusion for your personal residence.

.- Seller's residence county: Orange County, FLIRS Notice for reference: FL-2024-10 - Hurricane Milton IRS extensionhttps://www.irs.gov/newsroom/irs-announces-tax-relief-for-victims-of-milton-various-deadlines-postponed-to-may-1-2025-in-all-of-floridaMy Assumptions:A.

Is our primary residence and is a long term live in flip. $490k mortgage.

We’re sorry to hear that your experience fell short of your expectations, we value this opportunity to reflect and improve.We worked closely with you for over a year to prepare your property for success in the short-term rental market.

To expand, @Ben Whittington, Dennis Doss and Anthony Geraci’s firms can prepare a customized set of loan docs for you in any state. 

A lot of people will agree, but I did want to provide some context for counter arguments that people may have that you should be prepared for: 1.

A house hack for a primary residence for about two years and then you could repeat this again.