When we sell, we dread the scary reports that first time buyers freak out over which contain nothing of substance. 

What's your risk exposure from losing a lawsuit of substance to this deadbeat poor?

It’s about trusting yourself, leading with purpose, and investing in ways that feel nourishing—not just profitable.

Yes, using the STR loophole on a non-permitted but livable structure can be legal for tax purposes if:The unit is actively rented, generates income, andYou materially participate, meeting one of the IRS tests.The IRS focuses on economic substance, not local permits, so you can claim depreciation, cost segregation, and STR losses if the unit is placed in service and used as a business.However, local zoning violations pose audit risk.

And there are times like right now when there is nothing of substance. 

It was discussed in one of the lender earning call but I still can't get the substance how they able to change the books. 

The research will investigate potential soil contamination, ground and surface water quality, along with the presence of hazardous substances on the site, and will include researching files from various municipal and state departments including the planning and zoning department, health department, fire department, and the Department of Environmental and Energy Protection (DEEP).

That cashflow sounds great until your replacing both doors and all of the windows because a swat team ripped them out serving a warrant on the property, or until you cant find any PMs willing to deal with certain tenants because of violence and substance abuse. 

As someone who grew up outside of DC, if you got rid of everyone who abuses substances, we would have no Govt at all....at least Musk didn't leave coke at the White House like the previous guys....🤣 

Getting legal advice from an online "opinion" based forum is like drinking an unknown substance in the jungles of Papua New Guinea.