I've exchanged our place with another host by on a 1-1 bases.Host share seems to have an interesting concept of exchange available nights but within 5 days.....so what typically is not rented.

Your New York LLC is considered a "foreign" LLC to Pennsylvania.

This allows them to focus on their W-2 jobs, family, or preparing for retirement without the added stress of managing properties.If you’d ever like to connect and exchange strategies, I’d love to help.

The first month they were late on their rent they explained they couldn't pay and asked for their security deposit in exchange for the keys.

A “1031 exchange investor” would be someone who’s already selling something and wants to buy something else.

Start building close to home and you'll have such great appreciation by the time you're ready for the cash flow to be $20k a month you can exchange out of the low cash flow, high appreciation California market to wherever you decide to retire. 

., quoting 91 NY Jur 2d, Real Property Sales and Exchanges § 204).

@Randall King If you find the property isn't performing well, a 1031 exchange would defer the tax and concentrate that equity into something that has a greater cash flow potential, like what @Corby Goade said.

They typically require a higher down payment and come with slightly higher interest rates, but they streamline the process for investors with nontraditional income.Finally, for long-term scalability, you might want to connect with lenders specializing in expat or foreign income borrowers.

Just note that you guys may end up in what I call the "1031 exchange until you both die" cycle.