Investment Info:Single-family residence buy & hold investment.

The long term capital gains rate for many people is Federal 20%. 

Good in the long term so I didn't have to worry about the utility bill but like you mentioned - high upfront costs and time consuming. - Equal Splitting (ratio utility billing) - What I've heard from lawyer friends who practice real estate law is a trending spike in resident issues.

Hi Everyone,I explored switching from Hospitable to Hostaway PMS for my short-term rental.

What advice would you offer to someone with no experience to date with rentals in terms of selecting the best location to look for properties? 

So we are not in agreement.I sent this to my tax accountant https://www.investopedia.com/terms/p/passiveincome.asp.She sent the IRS link to me https://www.irs.gov/pub/irs-pdf/p925.pdfI wonder how your tax accountant treat your private lending interest?

I am currently house hacking my townhome in Silver Spring, MD and have been doing so for just short of 3 years.

Watch out for default terms, due-on-sale clauses, and negotiate prepayment penalties if applicable.

Lenders might be more flexible if they know it’s a short-term loan, especially if you plan to sell the property quickly.Have you considered working with hard money lenders or other asset-based financing?

They will hold you to it.