You are allowed to do this in the classifieds section.I understand your idea, but I don't think it would work the way you think it will.

I’m looking to have a mtr in the central Florida area, but I was wondering if it’s better to classify it as a long term rental to avoid all the str laws or will this get me into any trouble based on their rulings as to what differentiates a str vs ltr ?

Flip income ("Real Estate Dealer") is classified as ordinary income and as a result not eligible for the Section 121 Exclusion.

I also used Craigslist, ForSaleByOwner.com, Zillow, and a very popular local classified website called SouthEastTexas.com (my buyer found me on setx.com) I was disappointed with Zillow.

I am curious if classifying my spouse as a real estate professional can offset ordinary income when filing jointly.  

I guess my classified post here will have to do:https://www.biggerpockets.com/forums/517/topics/1194691-equi...

@Damein White Positing in the classifieds section of BiggerPockets, looking at the events & meetups page of BiggerPockets, and checking out Meetup.com can be great ways to find and network with local investors

Currently as long as you are classified as a passive investor you can only reduce your expenses by your passive income which you currently don't have.

if you do it incorrectly, many jurisdictions will classify the primary as rent controlled (which I believe is not applying the law as intended).  

It is effective Aug. 1, 2024.This ordinance is referred to as the Source of Income Discrimination Ban Ordinance" - which is identified in File #231019 and amends sections of Chapter 38 (Civil Rights) and Chapter 34 (Health and Sanitation) in the Missouri Revised Statutes for the purpose of classifying source of income as a protected trait in regard to housing discrimination.Here are some key takeaways from the attached ordinance:This ordinance bans discrimination against tenants based solely on:Source of income from an occupation, including gig work or paying rent in cash Use of public programs like Section 8 Housing Choice Vouchers, disability checks, or social security Poor credit score Prior evictions and alleged damages older than 12 months (less than 12 months can be a basis for denial) Prior convictions or arrests (sexual and violent crimes are excepted, a landlord can still deny based on these convictions)The ordinance also requires the city to proactively scan for rental ads using discriminatory language like "no Section 8" or "no past evictions".Landlords who are found to be in violation of the ordinance with respect to source of income can be fined up to $1,000 per incident.