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VA Home Loan Leveraged for STR
I am currently a 19 year old looking to simply gain as much financial education, simultaneously saving money for future investments.
My biggest one would be leveraging my VA home loan in about 3 years. I want to know if it is possible to use this home loan for STR's since I know STR's (Under Tax Code Section 469) is one of the routes any RE investor can take to reach "Real Estate Professional Status," and so use passive losses from my property to offset active, earned income (My W-2 Job in the future).
Basically, does anyone know if this has ever been done? Using a VA home loan for STR conversion?
Thank You.