Keep an eye out for 'loop holes' or alternative perspectives..for example a client recently approached us for financing a 16 Plex.

It's a loophole, and it will eventually close, everywhere.Any property I buy going forward that I plan to hold long term I will only buy in areas that are already extremely strictly regulated for STRs. 

Would myself and the other owners be able to utilize the STR loophole if it is used as a nightly rental?

My question is if I'm not a real estate professional, but own an STR that fits inside the STR loophole. 

Hey @Jorge Arias, There are two main ones: Real estate professional and short term rental loophole.

There's no loophole.

These programs even the gurus say consult with your attorney, make sure there are no Loophole's, stuff in fine print, what gets people, you know stuff you need a magnifying glass to see lol.

If I want to use the STR tax loophole, would living in a different state affect the advantage of the so called STR tax loophole, as long as I remain active in managing the property and fulfill the other requirements?

Peter,One thing I know is loopholes, creative move arounds and guide lines, if I can help in any way I would be happy. 

This is no different than taking advantage of a legal tax loophole.