I think that the high taxes (which are currently undergoing reassessment) will kill any cash flow.

IMO, it is a bad business decision to buy a house at that price level unless you are paying cash.

I am starting to believe that I need to learn the tax laws myself since I have lost so much money paying unnecessary taxes because my previous CPA's are not familiar with all laws or they just plug numbers into a software (without strategizing) and then I get hit with huge tax bills that could have been legally avoided. 

- NSS Lending LLC- Goldstream Capital Loan- Gap Funding partners - Tyrone Harris- AD Mortgage- FlipCo Financial not familiar with any of them.. just make sure not to pay money up front.. 

The county it’s in considers all leases under 6 months to be STRs and taxes them accordingly. 

Are you including these taxes (6% state + 6% county) in the charges to the tenants?

There is a big plus that everything is in USD and taxes are low.What do you think?

It adds a personal touch and helps guests feel more at home.Things to Be Aware OfLocal Regulations: Check local short-term rental regulations, including permits, taxes, and any zoning laws that may affect your ability to rent the property.Cleaning and Maintenance: Short-term rentals require frequent cleaning and upkeep.

I am looking to refi once the rates drop to bring my P&I down and hopefully eliminate the PMI I am paying.

However, there may be alternative tax strategies out there that are more applicable to your current situation or property.