However, the tax treatment differs between short-term and long-term rentals:Short-Term Rentals (STRs): If you materially participate (work 100+ hours and more than anyone else on the property), you may be able to offset rental deductions against W-2 or other active income, offering greater tax benefits.Long-Term Rentals (LTRs): If your AGI exceeds $100K, your rental losses may be limited, unless you qualify as a Real Estate Professional (REPS).If you plan to expand your rental portfolio, consider an LLC later for liability protection and easier management.

We knew the place was special, that's why we jumped with a full-price offer.

I’d love to be a resource for you and assist in any way I can as you continue your investment journey.

If you're looking to get a condo and you purchase on floor 3 or above, I would say Flood coverage is probably not necessary.Murrells Inlet has some great things to offer. 

I told the couple that I got an offer for $1,700 but wanted to ultimately rent to them but need the income.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

You might want to check out listings in your neighborhood to get an idea of the going rates and what amenities other hosts are offering.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

@Kana Watanabe I have seen @Christopher J Driscoll Designs for his ADU and they are amazing, He has gone through the process of speaking with a lot of GC's in the area so hes a great resource for all of the above.

They're a great resource for these situations!