Many cities have implemented CAP's or maximum allowable licensable dwellings used as vacation rentals but some areas allow active STR permits can transfer to new owners upon sale.

Thirdly, if the losses can only get carried forward to selling time when I realize capital gains, then isn't there the rule (i forget the name) which allows you to sell, and buy another house within few months, and hence you don't have to pay any capital gains on the first house?

How would I set up business bank accounts?

However, this is less common and highly lender-dependent.Using income from an unpermitted ADU is typically not allowed by lenders for qualifying purposes.

Generally they will want the investor to be a member or have a business relationship with the CU.

and any contact info.I'm not allowed to self-promote here.

It also opens you up to one of the major ways to lose in this business which is a forced sale down the road because the property doesn’t pay for itself.I’m not religious about cash flow but this is a lot of risk you’re taking here.

This allows you to leverage the farm’s value without selling it. 

The quality of the people that you allow to live in your property directly impacts your monthly profit and also will arise when the relationship ends. 

. $2,000 is just a random number, the exact number depends on your overall tax situation.Building an ADU if you plan to rent it is business interest, not personal interest.