If anyone has tips on house hacking, financing strategies, or DIY-friendly renovation loans, I’d love to hear your insights!

@Helena Lee, I do not have experience with it, BUT I would expect to pay capital gains on the bitcoin. 

Ask lots of questions and you will receive great insight from professionals!

and i know that that there’s risk involved, so ill always be prepared for things not going according to plan. and i think starting small and gaining knowledge and experience over time is key. 

Community that will not lose value, but possibly gain. 

I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.

Any tips, strategies, or insights would be greatly appreciated!

Happy to help point you in the right direction and give my insight if you want to shoot me a message.Best of luck!

If you paid under $230k, you’d save $30k in federal capital gains taxes and maybe another $15k or more in state income taxes.

I'll work with an attorney to assist with drafting that.Q2: Yes, I'll talk to my CPA but we'll most likely hold the property for at least 1 year under the LLC given our timeline to design, permit, build and sell the property, meaning I should avoid short-term capital gains.