We are building apartments for short and long term rentals and for condos for resell in Dominican Republic.

There was a flurry of furnished midterm and long term rentals available, and I suspect they were not successful so they are now trying long term rentals.

Make sure to follow all legal procedures correctly and keep documentation of all communications and actions taken.In the long term, taking preventive measures from the start can help avoid similar non-payment issues in the future.

But if the tenant signed an agreement for the increased rent amount, that is sufficient to bind the tenant to the contract terms. 

If a primary residence is converted to a long-term rental property, can bonus depreciation still be claimed in the first year?

I also intend to hold assets for long term.  

Are the father and son on bad terms?  

The short term rental loophole is for rentals where the average stay period is 7 days or less.

We specialize in long-term rentals (7-12 month leases) for properties from 1 to 80 units; single-family, duplexes, triplexes, condos, townhomes, and apartment buildings, that's our bread and butter.

Refi from hard money into long-term owner-occupied financing was super tricky.