@Sharon Hsu unfortunately in order to rent your condo long terms, you do have to list it unfurnished.

Unfortunately the cost to build in my area has risen in the last 20 or so years so that a new build isn't very suitable for a house hack situation without having to cover a large chunk of the mortgage yourself.

Hello all investors and like-minded individuals.This pandemic has sure added a lot of unexpected variables into how we make money and we're having to adapt ferociously to these circumstances.

Unfortunately, the Seller did not see it this way, leading to this outcome: What was the outcome?

The current circumstances created the perfect scenario for the boom of the so-called “Zoom towns”: rural and suburban getaways for travelers looking for a place to isolate themselves from crowded cities.

It really depends on the facts, circumstances, and goals of the venture as well as those of the owners.In general, Ashish is correct, avoid a corporate tax entity -- S or C. 

Hi Philip,Unfortunately, I have not.

Unfortunately the few bad tenants are the ones we generally hear about, not the multitude of good ones...like I myself was for my LL.So I'm sure there will be impacts, and I'm sure there will be bad actors, but legislation like this doesn't suddenly overnight create an implosion in an entire industry.

It was a duplex that was vacant for over 2 years but in pretty good shape under those circumstances.

In certain circumstances, your broker may send you a tax document reporting the distribution as taxable, but you would be able to go back and amend those tax returns once the distribution is paid back.