If it’s the former, that’s likely a myth for this type of project; the latter is understandably frustrating and costly if financing involved.

You also have to understand that FF is a lead-gen site only so the guest can't book through FF like they can on the OTAs.

I understand north is more expensive than south.

We're struggling to understand how exactly to do this. 1.

Your taxable gain (based on income) would be $68,500 at averaged (13%) = $8,905I'm not a CPA, but this is a rough understanding of your position - hoping someone destroys this breakdown. 

Hi Twee, I'm local to Miami and have a good understanding of the Miami Beach Airbnb regulations.

It is a very intricate market for sure and it takes a lot to understand it but with the right team in place, it makes for a great place to grow a portfolio.

Long story short, after doing the math it would take roughly 12.5 years to get our offer amount by renting; yeah we understand homes usually appreciate over time; however in these current times where demand is super high; and all the red tape surrounding landlords; Id say cut sling load and sell.

I read somewhere about setting up US LLC - but I don't know how quailified the person was - my own understanding is for a Canadian to set up US LLC, we will be exposed to double taxation.

I now understand the island dynamics pretty well, i am also a British virgin islands resident.