Or would you have to pay commercial property taxes since it is technically considered an investment?

I have 3 condos in San Diego that I'd like to refinance and take equity out of (to pay down debt).

Hi BPers,Ive been diligently looking for an Insurance company that will insure STRs in Los Angeles CA and finally found one called Proper Insurance.

Then use a multifamily FHA loan to pay off the loan I used to build the homes to hopefully lock in a better rate.

The goal is to reduce living expenses while paying down some of your mortgage liability and learning how to be a landlord. 2.

Need advice from investors who have done 6 months buyout of loan partnersScenarioInvest 50 k, loan partner invests 50 k , buy using DSCR in a LLC for STRAgreement using attorney is, pay 60 k to loan partner after 6 months and then LLC has only one member which is me and I control that propertyAnyone done this or a  variance of this?

Make sure that you get the rentroll and the bank statement to verify that those tenants are paying that amount of rent.

Pay attention to sales price and local sales stay away from new construction or anything recently remodeled.

Contractor is not paying enough time on our JV project, working on many other projects?

This combined with 1031 means I can sell and never pay the gains deferred in the 1031.- you or your spouse can qualify as RE professional and the limits the OP discussed do not apply- you can use the “STR loophole” (terrible name) to not have the limits the OP Discussed apply  - a derivative of the STR loophole that for lack of better name I will call the MTR loophole will let you provide amenities to not have the limit the OP discussed apply.I suspect there are many more.