While I’m just starting out and don’t have a portfolio yet, I’m committed to making my first investment in 2025.I joined BiggerPockets to gain the education, insights, and support needed to confidently make that leap.

After operating the STR for the first year can we turn the STR into our primary residence for 2 years then sell and avoid capital gains tax and depreciation recapture instead of doing a 1031 exchange?

Feel free to share any insights you gain along the way.Jackson

Guest experience- We have hired VAs that do 24/7 messaging, so guest always have access to someone, we also have an Instacart+ membership so we are able to send anything over if they need it (like if our cleaners didn't put out enough toilet paper, etc.).

Yes, they will have river access. 

I do like having access from my desktop too.

If you're open to collaboration, that could be a fantastic way to gain hands-on experience.

While personally I'm interested in growing my portfolio of mid-term rentals around the Raleigh Triangle market; Professionally I will be connecting with dozens of investors on a daily basis and would love to provide added value by offering access to a wide range of real estate support services.

*Could we deduct the expenses of any modifications made to make the home more accessible (ie adding a ramp to the front door)?

The U.S. offers real estate tax benefits like depreciation and favorable capital gains rates, which you can leverage while residing in Canada by structuring your investments properly.