Been getting nowhere with zoning laws found online and in the local library for Yonkers (in westchester county) as to whether any permits are needed in order to operate such a business. 

Overall real estate investing has been a very good business for us in the form of cash flow and equity.

Being that my business is brand new, do I project business profit when they ask for the annual business income? 

And then try again with long term average 5.6%.If you want cash flow, start a business. 

100% of my business is helping clients in all 50 states with purchasing vacation homes/STR properties. 90% of my clients use the 10% down second home occupancy loan

There are some important factors that you need to take note of with regards to the 1031 exchange or the Tax-deferred exchange: •One important requirement you need to have if are an investor and you want to take advantage of this 1031 Exchange is that the property you are selling should be significant when it comes to trade or business functions that are beneficial for the people as well as for the government.

Small towns may rely too much on a single business or market segment.

The developments and businesses moving here.

A business is the exact opposite: primarily for cash flow, but you can also build equity as well.

The government would tell you that primary homes have a discounted tax rate and to make up for it they have to tax rentals, AKA small businesses.