May I ask what county specifically is that Murchison Rd located?

Hey Shannon, are you specifically looking to expand in Fayetteville or outside of that area?

I'm a local Houston realtor and developer so feel free to reach out with any specific questions or if you would like to go check out some of these areas when you are in town. - Chris Kersey  @ckerseyrealestate

They add:  Creates many definitions including classes of dwellings, but specifically excludes all hotels, lodging houses, rooming houses, boarding houses, boarding schools, furnished room houses, lodgings, club houses and university and school dormitories.

If anyone has insights, experiences, or can recommend specific platforms or techniques beneficial for marketing unique luxury vacation rentals, your guidance would be highly appreciated.Thank you for sharing your expertise!

Collaborating with legal and tax experts is essential in order to effectively navigate the complexities of forming an entity and ensure that your real estate investments are structured properly for your specific circumstances.Good luck!

If so many people are considering it a "don't do" and multiple realtors are calling it illegal then why is it on the HUD and why are there specific portions of IRS regulations around how to do it properly?

I track the statistics for the multifamily and rental market here and publish a monthly newsletter specifically geared toward investors. 

., sole proprietorship, partnership, LLC).Ultimately, it's essential to work with a tax advisor or accountant who understands your specific situation, goals, and the nuances of rental property taxation.

I'm looking to allocate this specifically to real estate.I gotcha, if you are already "set" in other categories then that changes things.