Personal use days affect how the IRS treats the property
A short-term rental that an owner also uses personally is subject to specific IRS rules about how many personal-use days are allowed before the property's tax treatment shifts from an investment property to a personal residence with limited rental deductions.
The exact thresholds and their impact on deductibility depend on individual facts and should be modeled with a tax advisor before assuming a property can be both a family vacation spot and a fully deductible investment.
Underwrite it as an investment first, personal use second
The properties that work best as combined personal-use and short-term rental purchases are underwritten as investments first -- they need to cash flow and clear underwriting on their own merits -- with personal use treated as a secondary benefit, not the primary justification for the purchase.
A done-for-you acquisition process can model a property both ways, with and without planned personal-use days, so a buyer sees the real tradeoff between vacation use and maximum rental income before deciding how much personal time to reserve.
BNB Accelerator's acquisitions team, led by Nick Korom, screens over 1,000 short-term rental listings a week and hand-delivers the roughly 2% that clear underwriting. Book a free consultation to see what a done-for-you short-term rental acquisition looks like for your situation.