Hello everyone,I'm considering purchasing a triplex with the following unit mix:2 apartments for short-term rental (STR)1 apartment for long-term rental (LTR)Questions Does this mixed-use property (80% STR, 20% LTR) still qualify for the short-term rental tax loophole?

BACKGROUND: Bought a property SUBJECT 2 an existing 1st lien (lets say serviced by Shellpoint) years ago.

I wonder how they chose properties.

Lori,It’s crucial to understand the rules around deducting meals for tax purposes, especially when it comes to business-related activities.

My goal is to become an investor of multifamily properties.

Many property owners in this financial situation do not know who to trust since they're being told different things by attorneys, the bank, investors, and Realtors.

However, despite of myself being natural from there I have my doubts about financing a commercial property and finding the right partner.

I already have a renter for the investment property home and once ADU complete will rent that ADU.  

I have heard so many things... 1 property per LLC or 10 properties per LLC etc... one LLC per state...Looking for advice from investors already using LLCs for rental properties.

I got a property with a partner.