This does create a tax problem, and you have to deal with complex "vacation home" rules that @Ashish Acharya mentioned.You happened to quote a section of the IRS publication that attempts to clarify what exactly counts as those 5 or 60 days in my examples.

Now, the lender and builder are attempting to challenge the appraisal (apparently appraiser used wrong comps).

Thank you Whitney , very insightful. ill keep this in mind in using my HELOC and when I attempt to refi my properties..

I'm attempting to refinance a condo to a 30yr term right now and running into lots of roadblocks with greater than 35% commercial space in the building. 

Hi, I have found a property that has been damaged by fire.  the structure is solid no issues. however it will be a full gut demo and rebuild other than framing. the property is listed for 20k and i estimate (waiting o...

Hey everyone,I'm currently in the process of evaluating real estate strategies going forward and attempting to convert the substantial equity I have in two single family homes into cash flowing multi-family properties seems to be an appealing possibility, but I'm not totally certain on how the process would unfold, so I figured I'd put it before the public for advice.

Trump may attempt to get the head of the CDC and/or HHS to say "Evictions are bad, and evictions could result in a spread of the virus, so therefore none can happen".

Trump may attempt to get the head of the CDC and/or HHS to say "Evictions are bad, and evictions could result in a spread of the virus, so therefore none can happen".

This strategy makes more sense when you have a property free and clear and your attempting to drive comps up in a neighborhood.

Over the past few months I have began working with individuals in my local area in an attempt to develop actionable steps and have began finding that it might not be as straight forward as some of the podcasts make it out to be.