@Samuel Kim - please contact @Chris K. privately and allow him to show you how you can benefit from this wonderful strategy that he implemented for his many health professional clients.

Regulations in Nashville allow owner occupied STRs if you are truly an owner occupant.

You should also verify whether the lease agreement allows for ownership transfer without landowner approval.Owning the trailer means assuming responsibility for lot rent, potential removal costs, and liability risks.

We also have a huge budget allowance from the city over the next few years to improve public transportation measures within the city.

@Marcos Carbi  If you want to allow a payment plan, Tell them this is the best I can do:Pay $xxx cash by tonight at 8pm for November's rent. and then beginning Monday Jan 20, pay $450 each Monday (in cash?

But the IRS allows this deduction to both of us, due to them taking shortcuts in their auditing process.

The loan will be used to payoff the 49% partner and allow me to take some cash out.

I've been checking HOA CC&Rs to make sure they allow short term rentals.

There are a couple of things I like about them but one of my favorite things is that it allow me to control if I will allow partial payments or not.

This is due to bonus depreciation which allows taxpayers to deduct 40% of qualifying property costs in the first year, in addition to regular depreciation for new construction and improvement.