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Updated over 1 year ago on .
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Turning primary residence to short term rental - Military move abroad - CPA needed
Hello Bigger Pockets Forum!
My husband is active duty military. We're both Florida residents and bought our single-family primary residence in 2021 in San Diego, CA with a VA loan. We're scheduled to move to Japan for 2 years starting in July of 2024.
We'd like to turn this property into a short-term rental during our time abroad. I'm getting the application process started with our city to obtain a license to do short-term rentals.
With this being - said we're thinking that it might be time to get an accountant to support us during tax season as we enter this new venture.
Has anyone gone through a similar situation, have any tips, and recommendations on an accountant/CPA that specializes in these types of situations?
Appreciate any and all advice.
Sincerely,
Short-term rental newbie.
Most Popular Reply
@Persephanie Arellano great post!
Thanks for all of the details! You might reach out to @Nate Meeker who is based near SD. You'll also see him commenting in this forum.