This law applies to all properties, including rooms and guest houses, that are rented for fewer than 30 consecutive days[1][3].

View report*This link comes directly from our calculators, based on information input by the member who posted.

Direct message me if you would like phone numbers.

The correct valuation is what the market is willing to pay for it.You didn't provide any information on what cap rate you applied to your calculation or how you derived your NOI, all of which could play significant factors in the discrepancy.

Never send anyone money directly to a lender. 

Don't leave people who have applied waiting weeks for a decision 

Google Search came back with, "When does capital gains tax not apply?

Feel free to reach out and I'd love to help and point you in the right direction!

I’ll eventually want to transition it into a real thing, but towards the direction of short-term and midterm rental.

They seemed a little sympathetic and it helped slightly, but I mostly just did whatever they said.What I learned is: If you pull a permit, don't do anything that isn't directly related to the permit until that work is done and inspected.