Disputes may fall under tribal court jurisdiction, not state or federal courts, which can complicate resolution.This post does not create a CPA-Client relationship.

I don't know specifically about ADUs and Chattanooga, but I have clients in other markets that focus on ADU construction on larger SFH lots.

The saddest part are the endorsements some of the students provide which then validates these services to the next waive of clients.

We would never recommend that for our clients.

I can tell you with confidence that Many of my clients have done both and it worked out.

Our clients have used 1031 exchanges very effectively when they have a property that turns out to not be the right fit for them.

This can provide a better depreciation benefit than traditional STR real estate.If permanently affixed to land, it qualifies for real estate depreciation (27.5 years for residential properties).Considerations:Zoning laws and campground restrictions may impact legality.Self-employment tax risk arises if you provide substantial guest services.Vacation home rules apply if personal use exceeds 14 days or 10% of rental days, limiting deductions.Audit risk is high, so keep detailed records of participation, expenses, and rental operations.Given the potential tax benefits and complexities, consulting a real estate tax professional is advised to ensure compliance and maximize deductions.This post does not create a CPA-Client relationship.

Although you cannot sell real estate without a license, you can learn a lot by assisting an agent, shadowing client appointments, etc.

In my 25+ years of representing clients before the IRS, not once did the IRS ask to prove that the payments were actually made by my client.

Investing abroad is not something that a majority of investors think of but a lot of my clients have been lately!