Tax considerations involve a lot of personal, specific considerations so you are on the right track going for a CPA (make sure they are familiar with income properties and short term rentals).STR is a business and involves "active" income versus "passive" income associated with typical long term rentals.A few general things:1.

To earn passive income through house hacking, investors should ensure the rental income exceeds the expenses associated with the property.5.Short-Term RentalsShort-term rentals such as Airbnb can be a lucrative way to generate passive income, particularly for those with properties in desirable locations.

Short term capital gains is your ordinary income tax rate and long-term capital gains where you hold the property a year or longer is considered long-term capital gains is in as taxed a lower rate.  

That's the short version. 

We are considering buying a mobile home park with short term private money. 

I like the aspect of still being a short drive or flight away from family but all the benefits of being out of CA.

I disagree with your version of events but your feedback and experience with us is relevant.This was beyond our 30 day full guarantee and satisfaction policy when we were informed by you of your demand for something outside the contract well after that period.

Also, the builder is going to need periodic payment draws as the project progresses.

It isn't rude but it will be a short leash if you aren't buying. 

This residency requirement would apply for a specific period, so it's important to be aware of its potential impact on your plans.Its important to carefully evaluate the distinct investment opportunities offered by Colorado and Florida.