Nor the steep penalties associated with willful negligence.OP will want to consult an attorney and a tax CPA familiar with international tax obligations, tax treaties, and entity structuring.A multi-member LLC taxed as a partnership to hold the real estate asset might be the best way to go considering there will be a mix of US persons and non-resident aliens. 

My question: One of my rentals was purchased by me as a primary residence when I was 28 yrs old or so. 

Hello all,I have two rental properties in Colorado Springs that were both our primary residence before becoming rentals. 

Since I reside in NJ is will be best for me to outsource management completely or as much as possible.

I will be putting my primary residence on Airbnb for 3 months while I'm out of the country for work.

@Michael ZackI did it myself on my residence for 250$ .

My only nest egg is about $60K in equity in my primary residence.

I am about three years away from paying off my primary residence through a savings plan of money I'm making from my job/side hustles. 

Yes, to qualify for an FHA loan, you have to live in the property as your owner occupied residence.

Currently residing in a 4 potentially 5 bedroom (needs finished) home near multiple colleges in my area.