@Theresa McGallicher https://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals

With this new venture, we are seeking advice on the best software solutions that can efficiently handle both Long-Term Rentals (LTR) and Short-Term Rentals.I'm reaching out to fellow property managers and real estate professionals here:What software are you using that adeptly manages both LTR and STR?

Despite the Interest rate and Housing Crises, there are many people who are realizing the importance of Cash flow and Passive Income, and with current Interest rates, is it Realistic to seek a Cash Flow Positive rental investment, considering that you have bare minimum equity in the Property?

So seek advice from a tax professional on that question.  

I am trying to continue acquiring properties using this method and also learning about other methods as well, but I wanted to come in here to seek some advice from professionals that I'm willing to learn from as I am barely starting my real estate journey.

Hello,I am just starting out in real estate investing and am seeking advice on how to fund my first deal.

I could go on and on, but before you start making loans, I would implore you to seek more than just an attorney.

@Craig LesslerYou should work with your tax pro to determine the proper treatment. 

Understanding these rules is essential for investors seeking to capitalize on the short-term rental loophole while maintaining compliance with tax regulations.

I seek zoning variances frequently in Philadelphia, but its a lengthy process and don't personally find it a worthwhile pursuit for legalizing a second unit in a building.