Also 4th quarter of last year Packwood and county officially did discuss potentially regulating STR's by either limiting numbers or adding a tax to cover increases in local services that are needed.

My last thought is as a private lender who lends in other states, I earn 12% + 2 points on all my deals, and I do <70 LTV.

This should be a last resort, as it could mean fines or disciplinary actions.

I think the answer is no, that you would have to take it in 2023, which would lock your losses in as "passive" and carried forward into 2024.

We may learn about a market's economic variety and its ability to weather downturns by looking at how it did over a previous real estate cycle, which usually lasts a decade or more.

You mention airbnb in your title.You want to work with a professional who understands whether a rental that is listed on airbnb is considered active or passive.if it is passive, there might be opportunities to generate paper-losses in the first year to offset your other income such as wages, interest, dividends, etc.

Lastly, after using the system for a little bit is this really scalable?

Alternatives to using your cash to buy a Home:S&P 500 Index:Assumption based on history: For the last 100 years this index fund has average annual returns of 10.13%.

Building lasting connections in the Ohio real estate market is a priority for me.Feel free to reach out with your credentials and I will follow up as soon as possible.

The last thing you want is to rent a property that is not vacant then you are into hotels etc.