@Pat Murphy Typically, end cut treatment will have a distinct color or sheen that can be easily identified.

In point number 2 above, (if I'm understanding correctly) you made a distinction between a homeowner's policy with a rental agreement versus a dwelling policy.

It has characteristics that are both similar and different from long term rentals and short term rentals, hence the distinction.

Hey @Jupshy Jasmin,A good way to approach is to not look at the sale of the original asset as a distinct transaction separate from the purchase of the new asset, but rather as one transaction.

It has beach communities, central downtown, and a bunch of distinct neighborhoods with their own character just like LA.

Making individual deposits of <$10k, to be below the threshold, or doing anything else to avoid that form being filled out and turned over to law enforcement, is a distinct crime of it's own, too.

I am in a similar predicament and some I know are suggesting that I need 3 different LLCs to transfer to for 3 distinct rental propertiesOriginally posted by @Curtis Prince:Originally posted by @Tyler Mulcahy:@Curtis PrinceDo you have them under your personal name?

I agree, many people lending their own money call themselves private lenders, because it sounds better, but are charging hard money rates.The distinction is very blurry, especially at the local level.

Even if it's not a legal term it works fine as a distinction of something between STR and traditional true LTR in practice.I'm not sure why you think there's something you have to be "missing" here or what sounds "too good to be true". 

Well, there is a big difference in having an escape clause and believing that purchase agreements are generally non binding on a buyer......my distinction was to make sure You knew the difference, which you do.