This isn’t/wasn’t a loophole - just tax policy. 

You’ll pay more for tax prep, more for record keeping, more for financing but what will you get?

After closing, when the property taxes were due I never received any bill.

That is the burden of a man.

At a 7% annual return, this could grow to $908K after 10 years, providing immediate liquidity and diversification.Alternatively, holding the property could yield $825K net equity after taxes in 10 years, assuming a $900K sale, with the potential to defer taxes via a 1031 exchange if reinvested into another property.

The only taxes I remit directly now are the tiny town tax they implemented of 1%.I just take my net income spreadsheet and calculate the 1% and give them a check.

Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.  

This eliminated any financial burden for Archie Raglin, allowing us to focus entirely on executing a smooth and profitable deal.

Hey @Nick Gallon Martin, I recommend speaking to a Tax Planner/CPA, @Jeff Nash would be a great resource for you.

Could VRBO users from Michigan provide some clarity about the topic of sales tax/lodging tax collection and payment to the state.