You may find it hard to collect but you can get a judgement against them which will warn other landlords.You can garnish their wages and tax refunds once you have a court judgement.

Here's the deets:I've owned it for 5 years.Bought it for $725, but it's worth about $1.2 or more now.It's not a vacation area, so not interested in STR, but could be okay for MTR, although not super close to hospitals.Mostly I'm hesitant to sell because I have a sweet mortgage rate (2.5%), I owe less than $500K on it, and I'm not planning to buy again soon. 

; or-- you wait until that income from your midterm rentals show up on your tax returns as simply "rental income" for at least a year.

IF (big IF) your not in love with your current house you could sell it, taking equity gain tax free (if 2+ years living there already) and then use that money to house hack a bigger or multi property.

To show the hard money person- you need it sitting in a checking account.0% start rate for say 12 months then the rate jumps to 24% or $1601 a month plus your hard money loan, taxes and insurance.

Maybe tax or perhaps hoa lien?? 

This way, I can take bookings for greater than 30 days and still qualify for the tax incentive.For reference: https://wcginc.com/blog/short-term-rental-tax-loophole/#:~:t....https://www.irs.gov/instructions/i8582Thank you 🙏 

While Schedule E is indeed where you report losses on rental real estate, your tax situation is at the level where a professional doing it would greatly benefit you.

If you made a profit ask them to release a portion to you to cover your income taxes.  

Between risk, tenant hassles, vacancies, mortgage payments, property taxes, insurance payments, replacing a roof, water heater and so, it takes a lot of appreciation to actually get ahead on that.