Shouldn't be anything else that would trigger that, short of another purchase.

Despite the previous owner raising rents last month, she is still falling short by $5,000 each month.

At the time we received an offer from a reputable short term drug and alcohol rehab facility who operates out of SFHs in LA to rent the entire property at above market rates.

@Khaled Seirafi I've invested in several things in real estate: residential, commercial, small multifamily, mobile home parks, short term rentals, co-living (rent by the room) and I just bought an assisted-living facility.

@Michael Baum how many Short-term rentals do you manage this way where you are on call all the time?

Hello all,Has anyone sold a short term rental owned over a year  as a non real estate professional that qualified as short term capital gains tax deductions with expenses and depreciation?

We are here to help each other grow.Goodluck

I have my own lease and handle it with a paper document, that way I can walk the tenants through the property on move-in day with a move-in checklist and a short tone-setting discussion of what I expect from anyone who rents one of my properties.

The property is cash flowing $10-15k every month and has been an absolute juggernaut as a short term rental.

This strategy showcases how buying directly from motivated sellers, renovating strategically, and selling retail can yield substantial financial gains in a relatively short time frame.