In any case there is no taxable event yet.As far as your brother is concerned, it again depends on the nature of the transaction. 

All feedback welcome 

Hi all, My name is Steven and I recently discovered bigger pockets podcast after listening to Ken McElroy's podcast.

Thank you all in advanced.  

A property on water should help, otherwise all the properties look the same and don’t differentiate much.

I was curious on any insight on the best system that you all have found for your short term rentals?

While this is all going on, what research have you done to compare LTR and STR options?

You will also learn from others which operators they like or don't like, which asset classes are going well, diversification strategies, standard terms and more - and most of all you will have other like minded individuals to consult with who are on a similar journey.  

Loan to value is not effected by accounting at all.

This is also gonna depend on how strong the buyer is financially if its even possible for them to pay the difference.If you get multiple offers on a sale in the future and the price goes over asking, make sure the offer includes some type of language waiving a portion or all of the appraisal gap.If you tried to fight the appraisal already and didn't get anywhere, you don't really have much recourse.