I am planning two ADU's at two separate properties, I'll trade a large yard for additional income all day long.

Rental income is subject to tax, but it is also possible to deduct many costs related to owning and maintaining rental property, including property management fees, repairs, and mortgage interest payments.Additionally, for those investors holding properties in Germany for the long-term, the country's capital gains tax law is attractive.

Be sure to: call & verify employment references, request pay stubs to confirm income & check rental history by contacting the previous landlords.Keep the momentum going!

In Italy your second house or even a duplex section the income is taxed higher.  

Right  now  there is one @auction.com that is going to start bidding in North side of Lake Okeechobee give it a look'  I'm looking at it too I think it would make a great medium income Mobile Home Park for retirees who want to go fishing in Lake Okeechobee. 

  :)  Thank you in advance.Jarrod  I ended up doing a STR under 7 days to offset my W2 income. 

For your scenario, a DSCR loan could work well if the property’s projected rental income can cover debt payments, but most DSCR lenders don't include renovation costs directly.

Part of those cuts included the short-term rental tax loophole, a strategy real estate investors can use to help mitigate their rental income tax by offsetting earned income with real estate losses, and could be renewed or extended.  

Some may require a waiting period of one to two years before leasing is permitted, while others may prohibit rentals entirely as outlined in their bylaws.Always know the property’s potential for annual rental income and ensure the numbers work.

One time I had to use my knowledge and testing practices after a job, and that was because it was a HUD inspired low income grant job for a homeowner.