Selling may trigger capital gains tax, but if you lived there for two of the last five years, you may qualify for a Section 121 exclusion.

I know the potential state specific trigger if I transfer to my LLC in future, but difficult to obtain loans in an unproven LLC's name. that being said, do I insure the address under my name or the LLC listed on the STR business license?

So my thoughts to what is or isn't a huge trigger for the IRS for audits is based on direct input from the industry.

I was moving a lot for work and using that as an excuse to not pull the trigger.

One more tip – people remember stories that trigger their emotions.

I had a call with Simpletalk a few months ago and seemed pretty interesting but haven't pulled the trigger yet as it is costly.I know services do white labels and people brand it into their own AI call services, which mean a lot of these AI calls may actually be the same service...How much does Air AI cost?

Hey Christina- Was just curious to hear if you learned more about this and if you and your husband pulled the trigger on something yet?

If you already have existing property and transfer property to an LLC, then it could trigger the due on sale clause the bank.

Right now I'm pulling the trigger on a property in Dallas.

This can also be triggered if they have kids or what they perceive to be valuables in the home that have not been secured.It can also relate to how you conduct the inspection.