Where would be the best place to buy a condo that would be used for short term rentals such air bnb or vrbo??

You’re wondering if you increase your chances of getting audited because you’re qualifying for the short term rental loophole.

Hello everyone,I'm currently living in Massachusetts and house-hacking (mid-term rentals).

When calculating cap, and other deal analysis criteria, none of them talks about how to assess the property in terms of its appreciation based on structural quality such as brick exterior versus vinyl.

I would not play around with creative finance in terms of spending time trying to find it because it will end up not being the best use of your time unless you have marketing money and understand the different scripts and way you can help people with seller finance or sub to.

You may be using a short term loan that pays interest only so there would be no amortization period since the loan isn't payed down with each payment. 4.

It would be worth exploring all options, and if you are willing to live in a duplex or one of those options, the rate for owner occupied financing isn't 8%, it is closer to 7%.Also, since the market is softer, you could easily ask for a seller credit to buy down the rate closer to the low 6s, and meet somewhere in the middle with a similar mortgage payment as a new build and get something that would be a really good house hack for a family with privacy, garage, etc and get the benefit of renting the other side or ADU.

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

Tax benefit?

I am being told in a specific instance that copies of leases are not provided to owners because the legal binding agreement is between the property manager and the resident.In this case, I would have zero visibility on the nature of the lease terms, as well as who is responsible for certain costs borne (utilities, etc)If this exclusion to owners is allowed, what is required in terms of document retention in the case of termination of relationship?