Is the taxable amount a) the profit or difference between the purchase and sell price, b) the cumulative net gain over the time owned or c) something elselooking to roll into larger SFH or Multi.

One big takeaway is that MTRs function more like short-term rentals (STRs) than traditional long-term rentals.

My wife and I bought our first STR in April (Smokies) and it's going well but we realize we want to start focusing on single or multi-family.

Hey @Marc Shin, you could go either way but a single feed would be fine.When folks select the network they just choose not to share on a public network.I might look at the TP-Link mesh units.

It’s going to be what I choose to give in my heart and not out of compulsion or guilt .

Once you learn more about all these different ways then choose the best one that you believe will be the best fit for you that fits your lifestyle and will help you accomplish your goals.

I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (and thus qualifies for the sec. 121 primary sales tax exemption of up to $250k for single filers) vs the time it was being rented (which qualifies for 1031 exchange) and claim both benefits. https://hcsequity.com/blog/combining-1031-exchange-with-121-....How does this work for a multi-family?

Investment Info:Small multi-family (2-4 units) buy & hold investment.

This takes a little more work, but it's the fairest and reduces the likelihood of tenants that squander utilities.If you choose #2 or #3, there are considerations:Start with an average.

I have looked at a lot of data, I’ve talked to other investors and realtors, but I am getting stuck in choosing an area to start seriously looking and making offers.