One Primary Residence RULE: Don't Break It!
Summary
The video discusses the implications of claiming a property as your primary residence for mortgage purposes when it's actually being used as a short-term rental. It outlines how lenders and insurance companies could take action if they discover the property is being used as an income-generating rental rather than a primary residence, potentially leading to loan recalls or denied insurance claims.
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Curated by Learn STR by GoStudioM