The GC is a business person who doesn't care about your ARV, LTV, or your budget.

Consider doing this personally or using an LLC.

I'd love to have a conversation to see if it would be a good fit!

Will you potentially be more at peace if you sell and buy an investment property that you have never lived in personally?

Quote from @Sara Valentine: I have rented my personal home as a fully furnished/lots of amenities 3 month rental jan, feb, and march the past 3 years.

RELATIONSHIP WITH YOUR ADVISORS 🤝Good QIs:Work well with your teamRespect professional boundariesCommunicate clearlyStay in their laneRemember: The best QI relationships are professional, not personal!

Personally, I do not like any strategy or approach that aims to benefit from the misfortune of others.

Unfortunately, this problem waste a lot of my time that could be spent on other investments.I have used the same tax professional for many years and he is very educated, but also much older than me and it's hard for me to understand all the reasons he has expressed why is better to put the rental on my personal tax returns.

You will have to pay higher personal income tax rate, versus waitingtill after one year for lower Capital gain tax rates.

I am going to talk to my PM about it to see if and how it was done, so if you would like to be included in the conversation or I can let you know, would love to have you there to see how it is done