I love that play and thinks its one of the best tax advantages we have as Americans.. 

Some Americans love to circumvent rules. 

Right now with record inflation, a lot of leisure travel is getting cancelled by Americans who are feeling pain at the pump and the grocery store, so wherever you decide to buy really look at WHY someone would be there, HOW long are they staying, WHO are they, and would they come here frequently enough to pay the debt and offer you some cashflow for your time spent managing it (which can be a lot, especially when standing up a new unit!)

We at American Land Exchange are researching where and how to sell our almost two dozen Contracts for Deeds.

The profit you make gets taxed as ordinary income.

I'm hanging on to the thought that we Americans will never give up on travel and vacations. 

I was told Mountain American Credit Union out of Utah may lend on this.

If you had identified the property, the cost, and the travel cost would be added to the basis of the property and depreciated.These initial investigatory costs are treated differently for flipping and rentals1) Flipping: the travel cost to investigate will be treated as a business cost and deducted as an ordinary travel cost.

If your ownership period is one year or less, then you will pay ordinary income tax (30% for you) on the gain.

"American Society for Asset Protection" Las Vegas.