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Updated 18 days ago on . Most recent reply

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Tax Haven Investment With Passive Income / Luxury Short Term Rental Properties

Andrew Pipkalejs
Posted

We are seeking investors interested in a tax haven while generating passive monthly income from a luxury investment. We are nearing completion of a $3 million luxury short-term rental in the charming beach towns of Southwest Michigan, just 78 miles from downtown Chicago. This stunning 4,000 square foot estate is set on 10 private, wooded acres overlooking a spring-fed lake, and it boasts an array of sought-after features including a private in-ground pool with a splash pad, a hot tub, and beautifully landscaped outdoor spaces ideal for relaxation and entertaining.

Inside, guests will find a gourmet kitchen equipped with high-end appliances, spacious living areas with luxury furnishings, and well-appointed bedrooms with plush bedding and en-suite bathrooms featuring soaking tubs and rain showers. High-tech amenities like smart home features, high-speed Wi-Fi, and a home theater add to the allure. The pool house includes a partial kitchen, utility room, and a full bathroom with a spacious walk-in shower, while the garage loft serves as additional living space with a wet bar and full bathroom. Wide plank French oak hardwood floors, energy-efficient mini-split HVAC systems, and radiant heat in the concrete floors enhance comfort. Off-grid Generac generators are ready to be installed, powered by a 1,000-gallon propane tank.

Our aim is to revitalize the area by developing more luxury homes for short-term vacation rentals, providing an attractive tax haven for investors. We will handle all rental management and operations, paying a flat monthly lease to investors. Additionally, we would like the option to repurchase the property at the original sale price, facilitating a 1031 exchange into future projects to minimize costs for the investor.

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