., San Diego, and others)—making it feel like a “natural” choice for a regional traveller wanting to get away for a short weekend. 

It is a unique property with unobstructed water/bay views in the best neighborhood of Tacoma.

I think I'm in a pretty unique situation and am trying to figure out the right hoops to jump through to move forward.Long story short, I'm trying to tap into the equity of the rental property passed down from my grandparents that is held in an S-corp which is co-owned by myself, my siblings, our cousins, and an idiot uncle.

This affordability attracts buyers seeking value, especially those priced out of more expensive regions.3.

Obviously each deal is unique and requires proper due diligence. 

I am of the opinion that the best STRs are properties that don't compete with hotels - meaning that they are 4-5 bedrooms for large groups or have a unique location/setting. 

Each CPA will answer the questions uniquely based on their interpretation of the tax law as well as your specific scenario, so I highly recommend having a trusted CPA answer this for you.

Tax Savings:While it’s true that the stock market has been strong, real estate offers unique tax advantages that aren’t available with other asset classes.

You tailor all this according to your unique needs.Real talk: How are you currently balancing your W2 and REI activities?

I use a regional bank and it seems like Stessa needs you to use a large national bank to not have consistent issues.