I started investing in Phoenix in my 20s too, and it's been quite the adventure.About your F1 visa situation, while I'm not an attorney or CPA, I had a client a while back in a similar postion.

Anyone can read up and there are tons of resources to help with tax law.I am a big advocate of getting a good CPA.

*This post does not create a CPA-Client relationship.

A fee-only financial planner or real estate-focused CPA can help structure the sale, financing, and new purchase in a tax-efficient way.Good luck!

A lot of investors don’t understand all the tools that are available to them because you would have to talk to someone that strategizes taxes i.e CPA, enrolled agent, tax lawyer etc. in order to use the short term loop hole, you must rent your STR for 15 days or more and be no greater than avg stay of 7 days.

What about a CPA on board who handles the taxes?

Working with a CPA on your tax strategy will definitely help ensure you’re getting the benefits you’re after.Good luck with the closing!

I have a CPA I work with who I’m sure will sort all of it out, just didn’t want to do something if it would cause a huge tax headache later.Do you know if you convert a STR to a LTR after a cost seg, will it cause a large repayment of taxes (I’m doing the cost segs to lower my W2 tax rate).

*This post does not create a CPA-client relationship.

This post does not create a CPA-Client relationship.