Figuring out this distinction has been light and enjoyable.Insightful Tax & Advisory

You can also use a standard board of realtor lease template.

I reached out to local zoning departments and one told me it would have to be re classified as a boarding home and or a multi family dwelling.

Just need to get our private lenders on board!! 

Many people are suggesting to do a 1031 but have no idea what your gain / tax is(if any).Co-ops in the tri-state area 'normally' don't appreciate a crazy amount.The main reasons is the high monthly maintenance costs, over-leverage of the board, potential difficulty of buyers getting a mortgage and the approval process of the buyer.With that said, talk to your CPA to discuss what your gain / tax would be before thinking about a 1031 exchange.If your tax burden is low, don't bother with the 1031It may be possible that you have suspended passive losses to cover your tax burden.best of luck.

After that, think about hiring a bookkeeping firm that specializes in serving REIs.Regarding hiring a CPA/tax pro for tax advisory and/or tax filing, I'd wait until you purchase your next primary and convert your current primary into a rental.

According to the SF Rent Board, the interest rate owed on deposits for the period from March 1, 2024, through February 28, 2025, is 5.2%!

Consulting with a tax advisor is your best move here, as they can assess your specific situation and explore all possible tax-saving options.Let me know if you need further clarification or financing advice!

And I'm on board with that completely. 

FMR for Section 8 is $1396 in my area for the BR count, I’ve already contacted the housing authority and have my units listed on the section 8 board.