Some things to consider are: if minor maintenance is included, if they file the occupancy tax on the owners behalf, if they hire the cleaning service and if they "eat" the credit card fees or pass them onto the owner.

So, your mortgages will be secured by real estate and personally guaranteed by you personally.

Hello tax experts, I have specific question on filing taxes for Short term rental property (30 days or less).

I've talked to one lawyer who looked over the title and taxes documents and said it's clear, but I don't fully understand what that means.

I would mention to them that you are looking to build a portfolio- a constant source of deals normally entices small banks.I would think is the safer route, rather than holding the property under your name where you have liability from a number of different angles.Likewise, if you are having trouble securing bank financing, you may want to look into a bridge loan, prove out the income for a year, and then circle back with a bank.

"Just try NOT paying your property taxes, you'll find out real fast who really owns your property".

Should I still house hack to avoid the capital gains taxes?

@Carter McGillTo begin investing in real estate, you must educate yourself, decide on your investment strategy, evaluate your financial status, study the area market, connect with other local investors, find investment opportunities, secure financing preapproval, carry out extensive due diligence, submit an offer, and move forward.Learn about real estate investment by reading books, listening to podcasts, using the internet, and connecting with knowledgeable investors.

Assuming its a good opportunity/good colateral, the debt is easiest to secure and equity is significantly more difficult.

My insurance and property taxes are also set up in this manner.