There are many ways to avoid taxes, so nobody can give you a complete answer without knowing your entire tax situation.If your only taxable item was selling this condo, you would owe long-term capital gains on the $150,000 plus ordinary income on depreciation recapture.

Purchase price: $472,500 It is currently operating as a short-term rental.

They do the hard work while investors like myself get the benefit of having a long term rental.

The only people who benefit are the long term tenants which ultimately hurts investment in the area.  

My main questions would be: how long does the entire process take from applying to actually having possible tenants to start picking from, and how do they determine exact amount for rent (the amounts listed on the housing authority site seem way higher than market rent, I’m wondering if I will actually get those numbers or not)any other general tips or advice is also appreciated!

Long term deals that take 7 to 10 years plus you are more at risk for economic cycle shock and interest rate shocks to exit and the right time.

San Antonio has been one of the cities with the largest increase in short-term rentals in recent years.

Hello, this is my first post so bear with me it might be long!

Real estate is a long game.  

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.