I bet they wait until January or February so they don’t have to pay the tax on those gains for another year (which is why we may be seeing less selling this month than in a normal cycle).

Being a real estate professional allows you to treat the income as non-passive, allowing higher high income tax payers to pay less in taxes.

Attractive Tax Environment for InvestorsGermany offers favorable tax policies for property investors.

And you can be a landlord that gets a very poor return because they haven't utilized their space well by changing the layout.

@Rebecca GonaBigger Pockets is a great place to find a tax accountant that specializes in short-term rentals. 

You will want to fully understand the tax reporting burden you will face. 

There are tax benefits to running everything through an LLC, but again, seek advice from a tax professional.

Plus it's ordinary income so it's a nice tax hit.

Of course to maximize your tax benefit it needs to be sustainable over time. 

Since the trust is a disregarded entity, the benefit is bypassing  probate, not tax issues or liability concerns.