Local Legislation: Do you keep a close eye on local regulations, especially around zoning and short-term rentals?

Wow, sounds like things are already a lot more regulated where you are in Chicago.

Is there any law or regulation that prevents this?

The new homes will be mostly built in the burbs, and I expect as we move forward outside of many city limits or in smaller cities where the builders can control the narrative with less regulations, less inspections, less red tape, lower requirements.Due to the number of people moving though, we'll see some urban infill as well I expect. 

Considering going in with other investors on a condotel unit in Las Vegas.Do condotels have anything different about them - as far as taxation/regulation/classification vs any other type of short term rental?

I also suspect these regulations are coming to a town near you if they haven’t already because  that’s the trend.

However, investors should consider property taxes, local regulations, and neighborhood trends carefully before making decisions.

I know there are new rules and regulations regarding tax liens this year.

What are the regulations around Joshua Tree? 

Double-check local regulations, but you’re likely fine without one.This post does not create a CPA-Client relationship.