Major cities where STRs have only began rising up and gaining public spotlight with the rise of AirBNB are more likely to have more shifting and less stable regulatory environments since those areas are still in the process of trying to find the balance for STRs within their markets. 

@Paola AstridIf you’re considering refinancing an FHA loan, it’s a great way to lower monthly payments or gain more flexibility.

It just feels like I’ve been making a lot of short term sacrifices for long term gains and I have to be really diligent with money management. or I could also just try to borrow money for the renovation, and pay off the line of credit over time, but I feel like that really would limit me and if the stock market(my collateral) went down I could also see some trouble. 

Of course the listed price may not be the actual rented price, but by tracking several listings for a while you can gain a better understanding of the market.

Start small with a single property to learn the process and scale as you gain experience.This post does not create a CPA-Client relationship.

Very large out-of-pocket medical expenses are also part of this game.Balance gains and losses on your investments.

We are definitely dependent on that population and job growth to eventually gain some profit spread.

This community is a great place to gain knowledge, connect, and share experiences.

Don’t forgot to look at all the ways properties make money: Appreciation (#1 way), equity gain through principle pay down, tax benefits, positive cash flow (never as much of a wealth-builder as appreciation is in good markets).

So yes you can exchange it to save capital gains taxes on $266k plus 19 years of depreciation recapture.