Remember your situation is unique so it's important to consult with a tax advisor or CPA to explore all available options and ensure compliance with tax regulations.Thanks!

Always introduce yourself as ..John or maybe Reagan is better....Maybe like hi I'm Reagan like the President, your friendly neighborhood realtor....that's how they will remember you and you want them to remember you. 

Remember HML have a countdown clock and are only good for usually 12 months.

It's worth mentioning I also require tenants to have their own renters insurance policy with at least 100k minimum liability.

I do have a fairly high percentage of my net worth (35%) in the PPR fund. 

If you are/were old enough to remember the early 80's (or ancient, like @Jay Hinrichs and remember the 70's :D ), you'd know that 3-5% rates for borrowing money is almost laughable.

And remember, this is Pre-Covid dollars too!

I don't remember that legal argument arising in the last couple of cases I was in, so it just may not have been addressed.   

When I ran the numbers compared to US real estate, the added leverage potential here meant that it was not worth the additional hassle to continue investigating Dubai. 

Worth checking.