Purchase price: $170,000 Cash invested: $30,000 This is an international short-term rental property on a Greek isle.

Short term rentals are legal when the host is living in the same apartment as the guests and there are no more than 2 guests staying with the host."

Lancaster city limits short term rentals to only certain zones of the city so definitely look at the city website for that information.

I agree that the best way to make money is self manage your short term rental (not AirBNB, that is a platform).

Hello all,Has anyone sold a short term rental owned over a year  as a non real estate professional that qualified as short term capital gains tax deductions with expenses and depreciation?

Part of those cuts included the short-term rental tax loophole, a strategy real estate investors can use to help mitigate their rental income tax by offsetting earned income with real estate losses, and could be renewed or extended.  

@Austin Green we currently live in Franklin (short term)!

An easier route would be to convince him to go in on the short term rental together in a partnership. 

Hey, I was wondering if anyone has had success in the downtown/midtown Sacramento for STR.

Quote from @Joy Daniels: As a short-term property manager I've seen how this industry changes so often—new guest trends, tech tools, and regulations seem to pop up all the time.