You could have someone on upwork build you a site, it will run 1500 and then hire someone for SEO which will run at the very minimum 200 a week for the 26 weeks needed to start gaining traction.

This works because, for short-term rentals, the IRS rules allow income to be treated as non-passive if certain conditions are met, such as offering substantial services and meeting material participation tests.

Can anyone verify the tax treatment as of today that a gain from owner occupant unit is applicable for Sec 121 exclusion, and a gain from rental unit is applicable for 1031 exchange?

I'm a new real estate agent, and a part time grandma, looking to create passive income so I don't have to work 9-5 the rest of my life. 

The exit strategy is when you buy a property for a short term gain and if the market changes..

Rate will be lower with a higher down payment, so you'll cash flow more, but look at what you're saving by using that as a down payment vs. what you'd gain by putting less down and and using that towards the next property. 

We have a cash flowing investment that we're making passive income with!

As a newbie to real estate investing, I'm excited to embark on this journey of building passive wealth.

Once I’ve gained rental income, I would like to finance a Condo and even more rental properties with my income from rentals.

This status is important because it allows you to treat real estate losses as non-passive, meaning you can offset them against your W-2 income or other active income.If you don’t qualify, real estate investments are considered passive income by default, and losses can typically only offset other passive income, not your W-2 income.