Which means that you will NOT be able to apply the STR tax benefits to 2025.

The benefits of seller financing can be that you can potentially ask for a better interest rate than you would get with a bank.

Converting to a true STR model that eliminates hotel-style services does not create new depreciation benefits.

I want to benefit from appreciation and acquiring more units.

Then the website for the PM company crashed just as my property was to be listed for rent and their main point of contact left town.

Just make sure the new payment still leaves you with healthy cash flow once it’s rented.Like Joey mentioned, short-term rentals offer some attractive tax benefits if you’re willing to put in the work, but you’ll want to make sure it aligns with your current income (if you're looking to use the STR Loophole to offset) and that the numbers make sense for you.

We are thinking of moving out of the main house and renting it for $2300.

To achieve similar tax benefits for midterm rentals, you would need to qualify as a Real Estate Professional by spending over 750 hours per year and more than half of your working time in real estate activities.This post does not create a CPA-client relationship.

Tax Benefits (Depreciation); 4.

Your current situation with your properties is proof of the benefits of long term buy and hold in real estate.