{ "media_type": "text", "post_content": "Anybody have luck renting out their property (as a short term vacation rental)? I get that we’re limited on how many properties we can buy (big4), but my partner bought out house and I’m very tempted to get a vacation home as my “primary residence” - anyone done this?", "post_id": "6111d6540c9455002493b50b", "reply_count": 14, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Anybody have luck renting out their property (as a short term vacation rental)? I get that we’re limited on how many properties we can buy (big4), but my partner bought out house and I’m very tempted to get a vacation home as my “primary residence” - anyone done this?

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You actually have to live in the place for it to be your primary residence. Anything else is fraud.

likesmart

Not even gain $… just recoup a few $.

OP: “I’m very tempted to lie, cheat and commit fraud”

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Lol this is not occupancy fraud… I was intending to rent a few key weekends of the year and keep for my own use. I live 30 min from the beach and would split time. Don’t judge me so hard…

We’re not restricted on how many properties we can own. We’re just restricted on who the mortgage can be with (assuming one is needed).

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A1, at Accenture we don't have these limits, but the Big 4 have many restrictions that are not always intuitive. Lots of rules well spelled out, but not necessarily "common sense".

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