I have used both Traditional (pre-tax) funds, Roth and HSA.

Payouts would have to be set up from the sellers primary Airbnb account and you would want a contract written.

My primary focus right now is on finding opportunities to generate passive income through real estate investments.As a beginner in the field, I’m eager to learn from others who have gone through the process and are now experiencing the rewards of their hard work.

If it is a primary residence it gets resolved fast, however when is an investment property it is a real pain to get them out. 

Once your primary liability insurance is exhausted, your 3M umbrella would kick in. 

We have HELOC money available from our primary and one of our rentals at about this same rate, so that could be a backup plan.

When you do a traditional 1031 exchange you have 45 day identification period, to provide a list of potential replacement properties and 180 days to close on a replacement.

In many/most BRRRRs that is irrelevant because when the property is bought it is often not fanciable using traditional mortgages.

Live in each every two years and sale for the primary residence tax advantage.  

However, it’s crucial to track and document all hours worked meticulously to demonstrate material participation if audited.The CPA’s suggestion that your activity would be treated as passive could stem from the involvement of a property manager, as their role could make it appear that you are not the primary manager of the rental.