It will be a business and will be taxed as such.You will need to get with a CPA in order to quantify those differences.

Would love to hear some strategies you have to market for new clients.To date, I have boot strapped through networking and posting Reels on the topic of STRs, which has grown my business to 11 properties under management.

For the past year, my business partner and I have diligently met weekly, exploring our options in real estate investment.

In my mind this negligent behavior from standard business practices has negatively impacted the operations of the property. 

I hadn't considered it since the project will likely be no more than a few days.Future dock injuries are already something I'm planning to cover through a different policy associated with the business operations and unfortunately, you can't get a dock warranty on something like this.

Reason being, real estate, transactionally, is a pretty slow business. 

Problem is, the lenders my Realtor has done business with will not do a loan for a studio.

I'm looking into some better guidance into tax planning and a new CPA as I grow my real estate business.   

Make sure you review those before buying so you aren't stuck without a, legally viable, business strategy. 

My wife and I had 2 long term rental properties in the past and sold them due to other business endeavors.