So - no offense intended - but I don't think this is the question to worry about right now. 

What my broker was telling me contradicted the reading and research that I was doing, so I wanted to confirm what he told me was something legitimate; in other words, I wanted to see whether someone else have done it, and I was just not understanding something.It was just a stupid question, and judging by everyone’s reaction to it, also offensive apparently.

You also need to know the nature of the offense.

No offense, but if these are the questions you are asking, you are very, very far away from being safe to make a strong investment.

This is higher than most but hopefully not offensively high!

When you sign your tax return, your signature is affixed to an affidavit that says (paraphrasing here) that everything on this return is true and accurate to the best of your knowledge, so if you leave off your expenses, it is a willful misrepresentation, which unfortunately is fraud, and fraud against the IRS is a felony offense, but it gets worse after that.

No offense taken, I do understand the difference between them but I agree it's more challenging to understand when & where.

No offense to your agent but unless the condo has issues, terrible interior, or a bad layout you won't get it for $75k.

EnforcementViolations to the standards provided in these regulations as well as other provisions of the County Code are subject to the civil penalties schedule provided in Chapter 8CC of the Miami-Dade County Code of Ordinances.Operating a vacation rental without a Certificate of Use is a violation of the County Code and the civil penalty schedule is as follows:1st Offense = $1002nd Offense within 24 months of 1st offense = $1,0003rd Offense within 24 months of most recent of the preceding offenses as well as subsequent offenses = $2,500Penalties accrue and a lien may be placed on the property if the fines, enforcement costs and administrative costs are not paid or the violation not corrected.

  #5 No offense but this one made me laugh because you dont know my wife.