Do you focus on short term occupation?

We plan to create a diverse portfolio that includes:Long-term rental propertiesShort-term rentals (e.g., Airbnb)Potentially acquiring and operating small businessesQuestions and Areas for Advice:Business Structure: We’re debating between forming an S-Corp or an LLC.

I am financially savvy and frugal, and although I already have two years of experience with two multi-family short-term and long-term residential rental properties, I recently bought a Renatus education package because I found value in the local network and the education itself.

Having leveraged a cost segregation study before, I know all to well about its tax benefits.

The legitimacy of the contract probably only really matters if you have to go to court/arbitration to enforce it.That said, your title company would be a good place to start in terms of getting a legal review, I'm sure they have a real estate lawyer(s) on staff or retainer depending on the state.

This steady income has become a reliable part of my investment portfolio, demonstrating the financial benefits of a well-executed real estate strategy.Reflection:Looking back, this investment has been a rewarding journey of vision, effort, and strategic planning.

I am looking to purchase a house in Havasu City AZ for a short term rental property.

I am a property manager with Brentwood Property Group, and we manage short-term, mid-term, and long-term rentals in the Indianapolis area.

However, this full 100% bonus depreciation expired at the end of 2022 and is now phasing out at 20% per year, with the benefit fully sunsets after the end of 2026 calendar year. 

Also is this for a long-term DSCR loan or a bridge/ rehab loan?