You also need a tax professional on the project to make certain you obtain every possible, available benefit from the certification.

I suggest avoiding flood zones.

We are part of Tony Robinson's Alpha Host Academy and it covers everything STR related (i.e. taxes, arbitrage, cohosting, buying, operating, etc.).

I'm also in need of a CPA/tax advisor to advise on what's the best structure from a liability protection and tax planning standpoint.Thanks for your input.

I am talking about current operating assets: what did they underwrite for rent, other income, RUBs, taxes, maintenance, turn over, etc.  

Thinking through the tax implications, how that changes each deals numbers, and how we'd structure those payments has my head spinning.  

But what are the tax implications of such a situation?

Taxes can be high depending on what you do with the property after it's built. 

@Munjal Adhvaryu we have a lot of Canadians investing in Detroit because there's only a river separating the USA and Canada.So, we're very familiar wth LLC and tax requirements for foreign investors. 

I wouldn’t sell most of my properties for double the tax assessed value.