I’d say I’m not quite ready to make any moves yet, but I think this is a place that will help get me there.

hey @Mark Chetcuti, so a quick search shows that there is some legislation moving around in the EU to increase transparency on STRs plus more restrictions.There are some articles on the Brussels Times site, but a paywall keeps me from reading it.

It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

If at that time a child wants to move into the property as their primary residence they will be able to keep the reduced property tax basis.  

Their option was to hold onto it and pay the monthly payment or sell it at a loss and move on.

I just moved back here after a decade in Raleigh so I'm only an observer and researcher at this point.

I don't want to move the property to an LLC right now since I am looking for a refinancing opportunity when interest rates go down.

Im considering selling a SFR with good tenants, but I know that I will be really inconveniencing them both with showings as well as with a possible  move out if the buyer is an end user.Anyone have experience with this and can guide me on how to get them on board?

I usually suggest new property owners setup a business before they even close on a property and then use a business credit card for all expenses moving forward and also for them to link it to Quickbooks so everything is automatically tracked for them.There are a lot of nuances and strategies but this is a 30,000 foot view of why you should opt for business>personal

Your first purchase can be lower price point, but look to move past that zone quickly.