The picture shows the house looks clean, well maintained, and like it would be a perfect rental.

Also, all the envelopes are handwritten as well.

And would have to pay the gain tax as well as recapture of depreciation on the property.

Hi @Lynn Gupt, just echoing Ko's input above, as well as offering my perspective from a multifamily development point of view.  

Would you like me to provide Imoni’s number to you as well? 

I am looking to build a SFR for short-term rental, would be my first-time new build.I have engineer plans for well and wastewater stamped by the state of VT for up to 4 bedrooms.

Looked at Colorado Springs and a few other places, but fell in love with Raleigh for the trees, access to both mountains and beach, and STR does really well here.

Hi everyone,I'm getting conflicting information from supposedly knowledgeable sources on this, so I wondered if anyone has been down this road and can direct me to a reliable info source.I'm taking in-kind distributions from a SDIRA which is all in just one SF home.

But there are nearby areas that could work very well. 

Hi everyone, i hope you are doing very well and happy.