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.

; 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.

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.

The first and probably least popular for the servers I know is it is a cash business and historically tips are underreported to save on taxes but that also makes qualifying for loans tricky so you need to make sure you are claiming tips. 

What are the tax implications for the seller in an owner-financed deal?