I don't have a clue how this is going to play out and no matter how much anyone claims they do because they have read this or that in the regs or the legislation they don't either.And here's why...Every single law ends up with unintended consequences.My bet is somewhere in this country, right now, a lawyer and one or more interns or law students are looking for ways to have Dodd Frank not apply to something their client wants to do.

With the sweeping legislation overhaul in Jan 2016 some LA ADU owners are going through the process of getting their illegal units permitted.

For me the main risks associated to STR through Airbnb are (i) the possibility of legislation restricting how owners can rent and (ii) paying too much for a property just because the yield during tourist season is high. 

How will forbearance be legislated?

We will be working to try to affect this law in other legislative ways, but cannot hope to gain traction unless our members have clearly communicated that they are opposed to this portion of the rules.

With ever changing legislation around STRs and events like COVID where hosts lost thousands of dollars in reservations overnight, I want my properties to cash flow or at least break even as a LTR.However, if you want a place in Alaska to visit a couple times a year and don't care about the revenue as much as having the flexibility to visit and already have a place, STR can be a huge win.TLDR - Skeptical of Airdna predicted revenue.

Plus, insurance premiums are expected to go down by up to 50% due to the El Niño effect, which means fewer hurricanes are expected to hit Central Florida, and new legislation reducing fraud provides another great advantage.

AZ is the first state to legalize VR's so you're in good hands legislatively.  

However, California may not be the most favorable state for investment due to various reasons such as rent control, anti-landlord legislation, high costs, and high taxes.In this post, I will provide a straightforward process for selecting a city where:Rents outpace inflation: Inflation consistently erodes the purchasing power of a fixed amount of money.

It will be interesting to see what happens with the pending legislation related to bonus depreciation (passed the House and in Senate).