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The post How to Convert Rental Property to a Primary Residence appeared first on SmartReads by SmartAsset. ... Therefore, you face $400,000 of long-term capital gains. Fortunately, you are ...
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
Ireland: Short-term rentals are restricted to a maximum of 90 days per year for primary residences; registration is required with local authorities and planning permission is required where a property changes use from private residence to full-time short-term rental. However, compliance with these requirements is minimal, with one study finding ...
A condo hotel, also known as a condotel, hotel condo, or a contel, is a building that is legally a condominium but operated as a hotel, offering short-term rentals, and which maintains a front desk. Condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major cities and resorts. [1]
Key takeaways. Deciding whether to sell your house or rent it out depends as much on your location as it does on personal circumstances, such as immediate cash needs and future housing plans.
“Homebuyers should consider purchasing in [a city] that offers a homestead exemption that can help reduce [their] property taxes if they occupy the home as a primary residence,” said Stephanie ...
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