However, like other tax rules each situation is unique to each individual and there are regulations that must be followed for the deduction to be applicable.What is an Investment Interest Expense?

Treasury Regulations section 1.280A-2(i)(3) suggests a couple ways you can proportion the rental portion of a property, including using square footage (which is most common). 

Your best bet if you want to go there a lot is to either find one you can fractionalize with friends or find one just a little farther out, with less regulations, to buy and then short-term yourself.

STR rules and regulations changing is definitely a risk factor.

This is important, Eugene just enacted some restrictive regulations that will increase the cost of operating rental property and risk. 

Given the flexibility of our jobs, which offers nationwide opportunities, we have the privilege of choosing our permanent address anywhere in the country while remaining compliant with IRS regulations regarding tax homes.Initially, our aim was to purchase property in the Portsmouth, Durham, or Salem areas of New Hampshire.

This keeps all those regulations and red tape away and makes the loans easier to obtain and close.You definitely want to open an LLC, save money, and keep an eye on your credit. 

A sponsoring broker can provide mentorship, training, and support as you begin your career as a real estate agent.Continue Learning and Networking: Real estate is a dynamic and ever-evolving industry, so it's crucial to continue learning and staying updated on market trends, regulations, and investment strategies.

Not to mention AirBNB is catering to local regulations, politicians and the guests these days.

Our pivot would be future second home if STR doesn't work out or regulations change.