If they don’t satisfy that call, the broker could force a sale of securities, making them incur unnecessary tax liability.Let us know which brokers offer the best SBLOC terms.

I can do all the due diligence beforehand, except the soil I have bought a ton of land at auction and tax sales over the last 40 plus years..

It seems like every city, county, and state has its own rules, permits, and tax requirements for short-term rentals, and I’m finding it overwhelming to navigate all the different layers of compliance.For example, some places require business licenses, transient occupancy tax permits, or even special zoning approvals.

Urged them to make a withdrawal and pay the tax penalty because this program, training, education will change their life.

Jeremy Congratulations - I grew up in that area and cost of housing has skyrocketed while incomes have not, so there definitely is a need for affordable housing in that area (as well as pretty much everywhere else)

The importance of lowering expenses and increasing efficiency to maximize property income.

As expenses fluctuate (property taxes, insurance, maintenance items, etc), the cash flow will be up and down and unreliable.

Not only will you lose your property tax exemption, but you may need to secure LTR tenants.

@Nicholas Haubner Contact Montvale's tax assessor and building department to see it is currently classified. 

It sounds like you understand that you can only 1031 the real estate and will have to pay tax on the portion allocated to the business FFE.