I’d say I’m not quite ready to make any moves yet, but I think this is a place that will help get me there.

We are not pursuing a license on this property to do STR because we plan on moving within the year (hopefully within months!)

Best of luck as you guys keep moving forward! 

hey @Mark Chetcuti, so a quick search shows that there is some legislation moving around in the EU to increase transparency on STRs plus more restrictions.There are some articles on the Brussels Times site, but a paywall keeps me from reading it.

It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

I just moved back here after a decade in Raleigh so I'm only an observer and researcher at this point.

I don't want to move the property to an LLC right now since I am looking for a refinancing opportunity when interest rates go down.

Their option was to hold onto it and pay the monthly payment or sell it at a loss and move on.

Im considering selling a SFR with good tenants, but I know that I will be really inconveniencing them both with showings as well as with a possible  move out if the buyer is an end user.Anyone have experience with this and can guide me on how to get them on board?

I usually suggest new property owners setup a business before they even close on a property and then use a business credit card for all expenses moving forward and also for them to link it to Quickbooks so everything is automatically tracked for them.There are a lot of nuances and strategies but this is a 30,000 foot view of why you should opt for business>personal