I don't have the links to back it up, but I remember reading that a multi family doesn't count as an owner occupied resident that you can STR.

Yes, if you change your single-family home from Short-Term Rental to Long-Term Rental in the second year of ownership, you would need to adjust the depreciation schedule for tax purposes.Recall for residential rental properties, the IRS allows a depreciation period of 27.5 years under the Modified Accelerated Cost Recovery System (MACRS).

I am taking the 90-day challenge and intend on having my first multi-family home soon.

Im from London Ontario.Im from a family of real estate investors, my dad has 10 SFH rentals.Ive flipped 2 houses now, and im looking to step hard into real estate.I have my Mortgage Broker License. 

My family will end up using it <14 days out of the year. 

Investment Info:Single-family residence buy & hold investment in East Stroudsburg.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

@Erica Schubach I would say if you have a HOA, it all depends on their regulations, but from what i have seen most HOA in Kansas City area or the cities that are better areas like Lee's sunmit, overland park, they prohibit short term rentals, plus the rules of condo are much more complicated and more strict than single families or townhouses.

Here is the situation: I purchased a 3-unit multi-family property in Elizabeth Port 7 months ago.

🏠📈 Real Estate Update 📉🏠Here's the latest market report (based on single family homes):🏡 Mortgage Rates:30-year conventional rate today is 7.01%30-year VA rate today is 6.46% 💰 Median Sales Price:February: $460,000March: $475,000📈 New Listings:February: 1,669March: 1,798📅 Median Days on Market Until Sale:February: 21March: 16⚾ Oakland A's Move to Sacramento for Interim Ballpark: The Oakland A's have announced their relocation to Sutter Health Park in Sacramento starting next season, sharing the Minor League stadium with the San Francisco Giants' Triple A team, the Rivercats.