Question: If you were to purchase a STR to close in November and the seller negotiated that the buyer must honor existing rentals with the current rental company/property management until January of 2025…. 1- does this negate the short-term rental loophole for the 2024 if you aren’t managing it yourself for these months in 2024?

I’ve learned a lot about the tax loopholes for STRs in the U.S., such as the ability to offset W-2 income with rental losses using accelerated depreciation, but I’m unsure if the same strategies apply when dealing with foreign properties.

If you ever have any questions feel free to reach out and ask I enjoy helping and offering tips and loopholes to help save time and money.

The listing is currently visible as ready to be in service, and I've already received three bookings.My question is, will I still qualify for the short-term rental tax benefits or loopholes if I have blocked off dates until September 19th due to these repairs?

From what you said it sounds like a short term rental could be a good move, and the tax benefits could be significant if you look into the short term rental tax loophole. 

Wouldn't the loan be able to be called due in this case or is there a loophole?

We currently work with many clients who do Cost Segs and using that STR loophole!

Im not personally a short term rental Investor but these are some of the benefits that may support your pursuit of scaling more rapidly Hi Zachary,Thanks for the insight, I’m planning on going to more of the Simplified meetups in the area, I went to one in Waltham in August but the last two I haven been out of town.I’ll have to look into the STR loophole a little more, that wasn’t one my radar previously. 

So does the book provide a loophole to the three property limitation to the “mortgage origination” rule (Dodd Frank)?

But that leaves me asking: If the Indonesian government indeed doesn't want foreigners to own/control land in the country, why would they allow for such an obvious loophole?