Short term capital gains for our bracket would be 20%.

However, I recommend buying first and running a fully operational short-term rental business first or passing it to a PM company.

Should we buy one nicer single family home and short term rent like airbnb? 

HELOC is best for short term money, because the interest rates are adjustable, while the second mortgage is a fixed rate for a period of time.  

Long story short, I smelled a rat, and got out.

Everyone is looking for a short-sighted win of getting a monthly dividend or payout, instead of becoming deeply involved to help the company 100x the revenue in 5-8yrs while maintaining 50-60% margins.

Investment Info:Single-family residence buy & hold investment in Orlando area.Currently under contract for a single family home that we will be utilizing as a short-term rental.

@Becky SwensonThe short answer is yes.long answer is the lease or leases can be a little tricky post closing so it’s good idea to be transparent about your strategy with whoever you end up working with, and as soon as you can before closing take a good read of the documents.

Hi @Tyler Daly you might want to check out the RI Short Term Rental Association at ristra.org

One of our goals is to invest in real estate for short term and long term rental use.