Using a turnkey condo for short-term rentals on weekends while reducing your commute could be smart, as long as STR income covers costs and local regulations allow it.From tax perspective, if you personally use the STR as you intend, you cannot create losses under vacation home rules.

There is an abundant amount of deals beating the 1% rule there.

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

most of what I saw is not even the 1% rule, maybe 0.5%, that's what bring me to ask in the first place :)

We will remove members if they violate our rules or terms of use. 

As Lynn said, if she's not following the rules, she's at risk of losing her voucher.Sorry to hear he was diagnosed with dementia. 

It's not a loophole @Melissa Nash, it is just the IRS rules.

The lender doing DSCR today may change their rules or not be around in 24 months given this tough market.

Good to know about bigger buildings and more amenities having more rules, that makes total sense to protect the full time residents.

You don't need to spend endless money on the national courses which never give you a result and never teach you anything you can actually apply.As a general rule, if you find a class or group promoted in your social feeds, or on TV, etc., you want to stay away from those.