My tenants stay for a period of anywhere from 30-90 days typically but I'm able to capture a higher rate in line with STR without all the headache of Airbnb guests and their constant bugging. 

I have tried to search for what IRS form(s) cover my scenario...As an example selling real estate on an installment sale is form 6252 which docs the selling price, principal recieved / yr and interest received.When buying a note for $NN,  and getting return of principal / yr and interest recieved/yr how is this cost basis captured? 

So I am not capturing any of the upside of the MTR/STR strategy. 

Doing so would trigger the need to pay Taxes on gains, additional closing/agent costs to sell our properties, and provide no residual income or capture of any benefits related to holding a property in a high growth area.

One one of them they snuck a dog into the premises that was captured by my cameras, then tried to lie and claim they had some kind of emotional support documentation (which was BS because that's not recognized by Florida anyway).

.- Diversification: Combining a mix of LTR, STR, and note investments seems like a smart way to spread the risk and capture different income streams.- Tax advantages: Utilizing STRs strategically for tax benefits is definitely something we'll consider.We have a few clarifying questions:- Note selection: How do you typically identify and evaluate "reciprocating notes" for optimal short-term returns?

People want to make their STR stand out so they want to provide daily cleanings or maybe a chef to make some meals.

By doing so, organizations and individuals can ensure that all financial transactions are accurately captured and documented, providing a clear and reliable record of expenditures.

Hello Marie, Ko captured the sub-to at a high level. 

We plan to spend about $6/SqFt on a couple final finishing touches to capture as much value as possible and expect to list it for sale within a week of closing.