Studio Condo for Short Term Rentals
Hello,
I'm looking at a studio in Quincy to buy as a primary residence. I intend to live there for a few years, then move and hold onto the condo as a short term rental. The condo is located near the Quincy/Braintree line and has access to the T and the highways. Quincy recently passed a new tax on short-term rentals, but I don't know of any other upcoming regulations. What should I consider in my analysis? Does this seem like a good long-term strategy?
Thanks,
Justin