Curious if anyone else received this same email from VRBO today:"Subject: Vrbo property rate discrepancy error – action requiredDear Partner,We're reaching out to let you know that we recently discovered a technical error that may have caused your rates to be displayed incorrectly to travelers who booked your property between July 29 – August 9, 2024.Please review the property rate for the following reservations IDs:XX-XXXXXX, XX-XXXXXX, XX-XXXXXXIf you believe one of these reservations was impacted, we ask that you honor it and contact Vrbo Support within 30 days of receiving this email to file a claim for the potential difference between the booked rate and your actual rate.You can reach Vrbo Support 24/7 at https://help.vrbo.com/?

A rep from historical zoning  felt the most knowledgeable and thinks short-term rentals are not allowed and that the only thing that is technically allowed is a bed and breakfast where the owner or their agent would have to be on site.

Take a 20% royalty for hosting, unfortunately that means that technically you become her pimp.

There are a couple of things to think about:-Technically, if you have a loan in your name, the lender doesn't want it to be transferred into the LLC.

There is one more little layer: the house is owned by Curt's land trust, and a person I have not mentioned, Marion, is the trustee (I think that's the term), so in a technical sense, I loaned to whatchamacallit land trust.Yep, a lot of moving parts.

What if we made the balloon payment in year 5, will she be paying capital gains in proportion to the proceeds she received at that time or will the sale of primary residence still apply since technically she qualifies for it when she sold it?

Super technical thinking going on with planning your system.  

If you just put it on the OTA’s year round it’s technically still available for you to occupy 100% of the year.  

A lot of DSCR lenders are technically POF lenders as they only qualify on 4 things: 1) valid driver's license 2) FICO score 3) rent is more than the PITI of the proposed property and 4) proof of funds for the down payment and closing costs and reserves.

Doubt I want a HELOC because I can't pay it back right away -plus I technically don't qualify.