Pacaso vs MYNE Homes

Geographic strength: where each operator is genuinely deep

The single biggest reason to choose between Pacaso and MYNE is where you want to own. The two operators have built portfolios in essentially opposite shapes — Pacaso US-anchored with European expansion, MYNE European-anchored with Mediterranean depth — and the practical buyer experience differs by region.

Pacaso began in 2020 with US single-family homes in Napa Valley, Lake Tahoe, Park City, Aspen, and similar US trophy markets. It now has 161 US properties in the COP-listed inventory plus 12 in Mexico (primarily Los Cabos and the Riviera Maya), and it has expanded into Europe with 7 properties in France, 6 in England, 3 in Italy, and 1 in Spain. The European inventory is growing but it is not yet at the scale of Pacaso's US presence. If you are buying in the US — particularly the Mountain West, California wine country, Lake Tahoe, or Florida — Pacaso is the operator with the most live inventory to choose from.

MYNE Homes is European-headquartered in Berlin and although German-rooted, the portfolio is meaningfully Mediterranean. Spain accounts for 41 of MYNE's 99 COP-listed properties — more than any other operator on COP for Spain — followed by Italy (18), Germany (11), Austria (10), France (9), Portugal (4), Croatia (3), Sweden (2), and England (1). For a buyer looking at Mallorca, the Costa del Sol, Lake Como, the Italian Lakes, the Austrian Alps, or DACH ski destinations, MYNE typically has both the most inventory and the deepest operational familiarity.

Both operators allow multi-property ownership, and the two systems can complement each other. A buyer with a US share through Pacaso and a Mediterranean share through MYNE has access to two distinct exchange networks and two distinct concierge teams. There's no operational reason to pick one operator exclusively if your usage spans both regions.

Country-by-country availability in shared markets

Pacaso and MYNE both operate in four of the same countries — France, Italy, England, and Spain — but with very different depth and very different city/region focus. Understanding which operator goes deeper where matters because inventory choice is the most important variable for buyers focused on a specific destination.

France: Pacaso has 7 French properties versus MYNE's 9. Pacaso's French inventory skews to the South of France (Côte d'Azur, Provence) and Paris pied-à-terre. MYNE's French inventory similarly favours the South of France but extends into the French Alps for ski-anchored properties. For a Paris-focused buyer, Pacaso has more polished Paris inventory; for an Alpine buyer, MYNE has more.

Italy: MYNE significantly out-scales Pacaso here — 18 properties versus 3. MYNE's Italian inventory covers the Italian Lakes (Como, Garda), the Tuscan countryside, Liguria, and Sardinia. Pacaso's Italian presence is smaller and newer. If Italy is your primary market, MYNE has materially more inventory to choose from.

England: 6 Pacaso properties versus 1 MYNE property. Pacaso has greater English depth, particularly in the Cotswolds and London. For an English buyer or someone buying English inventory specifically, Pacaso is the operator with current presence.

Spain: MYNE leads decisively — 41 properties to Pacaso's 1. MYNE's Spanish inventory spans Mallorca, the Costa del Sol (Marbella), the Costa Blanca, the Canary Islands, the Pyrenees, and Madrid. Pacaso has minimal Spanish presence. For Spain — and Mallorca particularly, which is the largest single Mediterranean co-ownership market — MYNE is overwhelmingly the deeper operator.

The pattern: Pacaso wins where buyers want UK or US-style operations; MYNE wins where buyers want Mediterranean depth. Both operate at sufficient scale that a buyer in any of these countries has real inventory choice, but the breadth differs by an order of magnitude in some markets.

How each operator structures ownership

Both operators use the same fundamental structure — a property-specific legal entity that holds 100% of the underlying property, with co-owners holding membership shares — but the legal vehicle differs by jurisdiction.

Pacaso uses a property-specific LLC in the United States. In Europe, the structure is the local country-specific equivalent (an SCI in France, an SL or SCI-equivalent in Spain, a Srl in Italy). Pacaso provides the full legal documentation to prospective buyers, including the LLC operating agreement, before purchase. Pacaso's share structure offers 1/8 as the standard but explicitly supports 1/4 and 1/2 shares as well — useful for buyers who want more time at the property without committing to full ownership.

MYNE Homes uses a German GmbH & Co. KG (limited partnership) structure consistently across its European portfolio, built in collaboration with KPMG, Dentons, and Cuatrecasas (per MYNE's published legal-model materials). Each MYNE property is held by a property-specific KG, with co-owners as limited partners. This is unusual — most operators use the local entity for each country — and the upside is structural consistency across countries. The trade-off is that the structure may be unfamiliar to buyers more used to a local LLC/SCI/SL form.

In both cases the legal substance is the same: deeded fractional ownership, your name on the partnership register or LLC ownership schedule, real-estate equity that appreciates and resells.

What the legal entity means in practice for buyers

For most buyers, the choice of legal vehicle is invisible — both Pacaso's LLC and MYNE's GmbH & Co. KG produce the same buyer outcomes (deeded share, resale ability, appreciation, inheritance) — but there are a few practical differences worth knowing.

Tax reporting: Pacaso's US LLC produces a K-1 form for US-resident owners at year-end, simplifying US tax filings. The European entities have their own equivalents per jurisdiction. MYNE's German KG structure has owners report income (where applicable) via the limited-partnership documentation. Both operators provide year-end statements; for non-resident buyers in either system, local tax filings still need to happen and may involve a local accountant.

Voting and governance: Both structures spell out voting thresholds for major decisions (property sale, major renovation, manager replacement). Pacaso's LLC operating agreement and MYNE's KG partnership agreement disclose these thresholds before purchase. As a 1/8-share owner, you have proportional voting rights — meaningful for property-level decisions, not enough to override the other co-owners.

Resale mechanics: Both structures allow share transfers without triggering a full property conveyance. This is the key cost advantage relative to whole-property resale. Pacaso's secondary marketplace handles the transfer mechanically; MYNE's Owner Service concierge handles it through a relationship-managed process. The legal substance is the same; the workflow differs.

Home-swap programs — same idea, very different mechanics

This is where the two operators diverge the most, and it's a feature buyers consistently under-weight when they first compare operators.

Pacaso Swap is a fully self-serve digital network. Pacaso publishes seven dedicated pages covering the program — its own /swap landing page, /faq/swap, /swap-collections, /swap-connections, /owner-swap-resources, and more — and the mechanics are sophisticated. Owners can request a direct 1:1 stay-for-stay swap with any other Pacaso owner, OR they can use Pacaso's AI-generated Swap Credits, which let you offer your home for an asymmetric stay (for example: trade 14 nights at your Lake Tahoe property in summer for 7 nights at a Mexico City home in March). There's a $300k share-value threshold for Swap eligibility, anonymous matching, a 5-day response window, and confirmed swaps are non-cancellable. The whole program runs inside the Pacaso owner app.

In February 2026, Pacaso launched Pacaso Infinity, which extends the Swap network to vetted private whole-home owners — homes that aren't fractionally owned, but whose owners participate in the Pacaso swap network. The initial Infinity inventory includes properties in Mexico City, St. Barts, NYC, and Tuscany, with more added regularly. For a Pacaso owner, this materially expands the destinations accessible via swap beyond Pacaso's own fractional inventory. The pricing model for Infinity is governed by the same Swap Credits system that powers the main Pacaso Swap network.

MYNE exchange takes a different approach — concierge-mediated rather than algorithmic. Owners contact MYNE Owner Service to request a stay at another MYNE property in Europe, and the concierge coordinates the match. The MYNE site describes this as a "gateway to a world of dream holiday homes" across the European network. It's less self-serve than Pacaso's program but the human-mediated approach can be useful for complex requests, particularly when the buyer's existing relationship with MYNE Owner Service is already strong.

Practically: if you value algorithmic self-service and frequent low-friction swaps, Pacaso's program is more developed. If you value a concierge relationship and tend to plan stays via direct conversation, MYNE's approach fits the same use case differently. Both produce the same buyer outcome — access to multiple destinations beyond your own property — through different operational paths.

Rental policy — the binary difference

This is the cleanest functional difference between Pacaso and MYNE.

Pacaso does not currently offer a rental program; the operating model is owner-occupancy. This is a deliberate design choice — Pacaso's properties operate as second homes, not short-term rental units, and the model aligns the property's character with residential use. For buyers who value neighbourhood stability and don't want their property treated as a rental asset, this is a positive. For buyers who want rental income to offset annual operating costs, Pacaso is not the right operator.

MYNE permits owner rentals, subject to local short-term rental licensing requirements. This is a meaningful caveat — Spanish rental licensing is restricted in many regions (Mallorca and the Balearics have particularly tight rules, and Barcelona is also licensed-restricted), Paris has stringent short-term rental regulations, and various Italian regions are tightening. So in practice, the ability to rent depends on the specific property and its local licensing status. MYNE doesn't operate a centralised rental program the way some operators do, so the owner takes the lead in arranging rental, but the policy at the operator level is permissive where local law allows.

If rental income is part of your model, MYNE is the structurally better fit — and the specific property's rental potential should be confirmed before purchase. If rental income is irrelevant or actively undesirable to you (because you want neighbourhood stability and consistent property condition), Pacaso's prohibition becomes a feature rather than a limitation.

Annual fees and what they cover

The two operators publish different annual-fee structures, and the comparison is more nuanced than the headline figures suggest.

Pacaso uses a cost pass-through model for annual operating expenses — owners pay their proportional share of the actual property running costs (management, insurance, taxes, utilities, reserve fund) — plus a ~12% one-time service fee on the primary purchase price (per Pacaso's published marketing materials). The annual operating expenses are disclosed property-by-property before purchase. Pacaso Collector — Pacaso's loyalty program for multi-share owners — provides a 12-month operating-expense credit, a meaningful incentive for buyers who acquire shares in more than one property.

MYNE publishes a transparent two-part annual fee: a fixed €99 per month per share service fee (verbatim from MYNE's pricing page), plus the cost pass-through of property running expenses. The €99 figure is the standardised MYNE management fee and is the same whether the underlying property is a €1M apartment or a €5M villa. The cost pass-through covers maintenance, insurance, local taxes (taxe foncière, IBI, IMU depending on country), and utility standing charges.

Across both operators the underlying cost economics are similar — property running costs at 1/8 share for a luxury second home are typically very manageable relative to whole ownership — but the disclosure structure differs. MYNE's flat €99/month fee makes the management-cost line item highly predictable; Pacaso's percentage-based service fee is easier to model relative to property value.

Worked example: 10-year cost comparison on a €1.5M property

Concrete numbers help. Imagine a €1.5M Mediterranean villa, purchased as a 1/8 share through either operator, held for 10 years, with property running costs of €60,000 per year (a reasonable estimate for a luxury Mediterranean villa with full management, insurance, taxes, and reserves).

Pacaso path: Upfront ~€187,500 (1/8 of €1.5M) plus the ~12% service fee on the primary purchase = ~€22,500. Total upfront ~€210,000. Annual pass-through 1/8 of €60,000 = €7,500/year. 10-year total = €210,000 upfront + €75,000 in annual fees = approximately €285,000 over 10 years.

MYNE path: Upfront ~€187,500 (1/8 of €1.5M; MYNE does not publish an equivalent one-time service fee, so the upfront capital commitment is the share price itself). Annual: €99/month × 12 = €1,188 service fee + 1/8 of €60,000 = €7,500 pass-through = €8,688/year. 10-year total = €187,500 upfront + €86,880 in annual fees = approximately €274,000 over 10 years.

The 10-year totals are roughly comparable — within ~€11,000 of each other on a €270K+ spend. The structural difference is that Pacaso's cost is more front-loaded (the 12% service fee at purchase) while MYNE's is more spread across the ownership period (the €99/month fee adds up). For buyers planning to hold long-term, the totals converge. For buyers who might exit within 3-5 years, Pacaso's higher upfront fee weighs more.

This is a simplified example — actual costs vary by property and exact running expenses — but it gives a sense of the order of magnitude. The real differentiator between the two operators isn't cost; it's geography, rental policy, and ownership experience.

Resale and exit — step by step

Both operators run supported resale processes. Their published timelines differ in form but not radically in substance.

Pacaso resale process is published more publicly than most operators in the space. The workflow:

1. List your share through the Pacaso owner platform — set asking price (Pacaso provides comparable-market pricing guidance based on recent resales)
2. Right of first refusal: existing co-owners of the same property get first option to acquire the share
3. Marketed to Pacaso's prospect network: if the ROFR isn't exercised, the share is offered to Pacaso's existing prospect pool — buyers already familiar with co-ownership who have enquired about the property or destination
4. Open listing: if no Pacaso-network buyer materialises, the listing extends to broader marketing channels
5. Transaction: the buyer's purchase is processed as a transfer of LLC membership shares, not a full property conveyance

Pacaso publishes a 99-day US average from listing to completion. Some properties have a minimum holding period during the first year, which is disclosed before purchase.

MYNE resale process is concierge-mediated through MYNE Owner Service. The workflow:

1. Notify MYNE Owner Service of your intention to sell
2. Pricing consultation: MYNE provides market guidance based on the specific property and broader portfolio data
3. Marketed through the MYNE prospect pipeline: the share is offered to the existing pool of prospects already qualified for the destination
4. Owner exchange option (within first 12 months): if you're exiting within the first year, MYNE's satisfaction guarantee allows you to exchange your share for one in a different MYNE property, with the operator absorbing the transaction costs
5. Transaction: share transfer is processed as a partnership-interest transfer in the relevant GmbH & Co. KG

MYNE doesn't publish a comparable average timeline to Pacaso's 99-day figure. In practice, resale times depend on the specific destination, season, and pricing — high-demand markets (Mallorca, Costa del Sol) typically transact faster than emerging destinations.

In both cases, the resale is structured as a transfer of LLC or partnership shares rather than a full property conveyance, which keeps transaction costs materially lower than a conventional second-home sale.

Buyer protections — the satisfaction-guarantee gap

This is a MYNE-specific feature that has no Pacaso equivalent. Worth surfacing because it materially changes the first-year risk profile for buyers who aren't sure how they'll feel about co-ownership in practice.

MYNE's 12-month fraction-exchange guarantee: if within the first 12 months of ownership an owner decides the specific property isn't right for them, MYNE will facilitate an exchange of their share for a share in a different MYNE property, with the operator absorbing the transaction costs. This is published on MYNE's site and described as a way to reduce the upfront commitment risk — a buyer can effectively try the model and reallocate to a different property within the operator's portfolio if needed. The exchange isn't a refund — you keep your fractional share, just in a different property — but it removes a significant chunk of the "what if I bought the wrong place" risk.

Pacaso does not advertise an equivalent satisfaction-guarantee program. Pacaso's exit is the secondary marketplace, with the 99-day average timeline.

For first-time fractional buyers, MYNE's 12-month guarantee can be a meaningful psychological and financial backstop. For repeat buyers who are confident in their property choice, the satisfaction-guarantee gap matters less, and Pacaso's larger and more polished secondary marketplace can be more useful for actual long-term exit liquidity.

Owner experience — what the first year actually looks like

Both operators provide a complete first-year onboarding, but the texture differs in line with their broader philosophies (Pacaso self-serve + digital, MYNE concierge + relationship).

Pacaso first-year experience: after purchase you receive access to the Pacaso owner app, which serves as the central touchpoint for everything — calendar booking, swap requests, billing, maintenance reports, communications with other co-owners, and the Pacaso Collector loyalty dashboard. Your first booking is typically made through the app within the first quarter. The app handles peak-week allocation, swap requests, and Swap Credit balance tracking. Communication with Pacaso staff is via in-app messaging plus email, with phone support for material issues. The model is designed for owners who prefer digital self-service.

MYNE first-year experience: after purchase you're assigned a MYNE Owner Service contact, who serves as your relationship manager across the operator's services — bookings, exchange requests, maintenance escalation, billing, satisfaction-guarantee triggers if you decide to switch properties. Your first booking is typically coordinated through your Owner Service contact, who can advise on availability and peak-week strategy. The model is designed for owners who prefer human-mediated interaction and a relationship-managed experience.

Both models work; they suit different buyer preferences. There's no objectively "better" experience — buyers who hate apps will prefer MYNE, buyers who hate phone calls will prefer Pacaso, and most buyers fall somewhere in between.

What happens if the operator fails

This is one of the most-asked questions when buyers first encounter fractional co-ownership. Both operators have answers, though the question has different stakes depending on the entity structure.

Pacaso: the property is held by the property-specific LLC, not by Pacaso itself. If Pacaso the company ceased operations, the LLC continues to exist; the property continues to be owned by the co-owners; a replacement management company could be engaged by the co-owners to handle ongoing operations. This is the fundamental protection of the property-specific LLC structure — Pacaso provides services to the LLC but doesn't own the property.

MYNE Homes: the same structural protection applies. Each MYNE property is held by its own GmbH & Co. KG, with co-owners as limited partners. The KG is a distinct legal entity from MYNE Homes itself. If MYNE the operating company ceased operations, the KG and the property persist; a successor management company could be engaged. The KG structure has been formalised with KPMG, Dentons, and Cuatrecasas specifically to make the property holding robust to operator-level failure.

In neither case would owner equity in the underlying property be at risk from operator failure — the protection is structural. The practical concerns in such a scenario would be operational continuity (who handles bookings, maintenance, billing during a transition), not asset preservation.

Who each operator suits

An honest read from a marketplace perspective — COP sells properties from both — these are the buyer profiles each operator fits cleanly.

Pacaso fits you if: you want to own in the US (particularly the Mountain West, California wine country, Lake Tahoe, Florida) or in Mexico, you value a polished digital self-serve experience, you don't need rental income from the property, you'd benefit from US-buyer financing (70% LTV is available for US homes), and you'd benefit from a sophisticated swap network with frequent low-friction stay exchanges. Pacaso Collector adds real value if you own shares in more than one property. The 12% one-time service fee at purchase is meaningful upfront capital, so cash-buyer buyers who plan to hold long-term get the most benefit.

MYNE Homes fits you if: you want to own in Spain, the Italian Lakes, Mallorca, Costa del Sol, the Austrian Alps, or anywhere in MYNE's Mediterranean-led European portfolio, you value the option to rent out unused weeks (subject to local licensing), you'd appreciate a 12-month satisfaction guarantee on your first share, and you prefer a concierge-mediated relationship with the operator rather than a self-serve digital platform. The €99/month management fee is highly predictable for budgeting and the lower upfront fee structure (no equivalent of Pacaso's 12% one-time service fee) makes initial capital more efficient.

Many buyers end up owning shares with both operators across different destinations — there's no exclusivity, the two systems run in parallel, and Co-Ownership Property lists inventory from both. A buyer with a US share through Pacaso and a Spanish share through MYNE gets both the polished US self-service experience and the Mediterranean relationship-managed experience, with two independent swap networks to draw on.

Browse properties from both operators

Co-Ownership Property aggregates listings from Pacaso, MYNE, Vivla, &Hamlet, and Abitaro into a single marketplace. Compare across operators in one place.

Browse all properties How co-ownership works

Frequently asked questions

Is Pacaso bigger than MYNE Homes?

By total fractional inventory listed on Co-Ownership Property, Pacaso has roughly twice the property count (190 vs 99). However the geographic distribution is very different — Pacaso is heavily US-weighted (161 of its 190 listings) while MYNE is European-only with Spain as its anchor market (41 properties). For a buyer focused on Europe, MYNE has more European inventory than Pacaso (99 vs 17). For a buyer focused on the US, Pacaso has essentially all the relevant inventory.

Can I swap a Pacaso home for a MYNE home?

No — each operator runs its own internal swap network. Pacaso Swap (and Pacaso Infinity) connects Pacaso owners to other Pacaso properties and vetted private whole-home owners in the Pacaso network. MYNE's exchange program connects MYNE owners to other MYNE properties via concierge coordination. The two networks are separate. A buyer who wants stay-exchange access across both ecosystems would need to own at least one share with each operator.

Which has the better resale process?

Both run supported resale processes structured as share transfers rather than full property conveyances, which keeps transaction costs low. Pacaso publishes a 99-day US average from listing to completion through its secondary marketplace. MYNE doesn't publish a comparable average but coordinates resales through the MYNE Owner Service concierge, and additionally offers a 12-month satisfaction-guaranteed exchange within the MYNE portfolio. The "better" process depends on whether you value published metrics and platform self-service (Pacaso) or first-year protection and concierge handling (MYNE).

Why does MYNE offer a satisfaction guarantee and Pacaso doesn't?

The two operators have different operating philosophies. MYNE's 12-month fraction-exchange guarantee is a buyer-protection feature designed to reduce the upfront commitment risk for first-time fractional buyers — a meaningful reassurance for a category where the typical share price is six figures. Pacaso has chosen to invest more heavily in secondary-marketplace liquidity (the published 99-day average), which serves a similar purpose but for exits at any point in ownership rather than specifically during the first year.

Can a US buyer get financing through either operator for a European property?

Pacaso's financing program covers US homes — 70% LTV is the published figure for US properties through Pacaso's banking partner network. For Pacaso's European properties, the financing options for US-resident buyers are more limited and would typically involve specialist international mortgage brokers rather than Pacaso's domestic financing partners. MYNE does not currently advertise a financing pathway for non-EU-resident buyers. In practice, most American buyers of European fractional properties pay cash; specialist international mortgage brokers handle financing on a case-by-case basis for some markets.

Are there destinations where only one of them operates?

Yes — substantially. Pacaso operates in the US (where MYNE doesn't), in Mexico (where MYNE doesn't), and in England and Italy where MYNE also has presence but lighter inventory. MYNE operates in Germany, Austria, Portugal, Croatia, and Sweden — countries where Pacaso doesn't currently have inventory. In France, Italy, England, and Spain, both operators have some presence — with MYNE generally having deeper local inventory in Spain and Italy, and Pacaso having more inventory in France and England.

What happens to my fractional share if Pacaso or MYNE goes out of business?

The property is owned by the property-specific LLC (Pacaso) or GmbH & Co. KG (MYNE), not by the operating company. If the operator failed, the underlying legal entity continues to exist, the property continues to be owned by the co-owners, and a replacement management company could be engaged. Owner equity in the property isn't at risk from operator failure — the protection is structural. The practical concerns would be operational continuity during a transition rather than asset preservation.

Can I combine a Pacaso share and a MYNE share in the same year?

Yes — there's no exclusivity. Many buyers own shares with multiple operators across different destinations. A typical pattern is a US Pacaso share plus a European MYNE share, giving the owner access to both swap networks and roughly 90 days of usage per year (45 days from each share). Co-Ownership Property lists inventory from both operators in a single marketplace specifically because cross-operator ownership is common.

How are property maintenance and major repairs decided? Do co-owners vote?

Both operators handle routine maintenance and minor repairs through their professional management — owners aren't asked to vote on these. Major capital decisions (substantial renovations, replacing major equipment like a roof or HVAC, selling the property) are governed by voting thresholds spelled out in the LLC operating agreement (Pacaso) or KG partnership agreement (MYNE). As a 1/8-share owner you have proportional voting rights. Both operators maintain reserve funds funded through annual contributions to handle major repairs without surprise assessments where possible.

What's the typical buyer profile for each operator?

Pacaso's typical buyer profile skews US-based, often a professional or business-owner family who could afford a whole second home but prefers fractional capital efficiency and the polished digital experience. MYNE's typical buyer profile skews European or international, often buyers focused on Mediterranean destinations who value the concierge-managed relationship and the satisfaction-guarantee buyer protection. Both attract repeat buyers who acquire shares in multiple properties — Pacaso explicitly rewards this with the Pacaso Collector loyalty program.

Are there age restrictions, pet rules, or guest limits with either operator?

Both operators have property-specific rules. Pets are typically permitted with size/breed restrictions disclosed per property. Guest counts and overnight visitor rules vary by property. Smoking is typically prohibited indoors across both operators' portfolios. Age restrictions on usage are unusual — co-ownership properties operate as family homes and accommodate multi-generational use — but specific properties may have community-level restrictions (HOAs, residence rules) that pass through. These are all disclosed in the property documentation before purchase.

How does inheritance work — can I leave my Pacaso or MYNE share to my children?

Yes — fractional shares are deeded property and pass to heirs like any real-estate asset. Pacaso's LLC structure handles this through standard membership-interest transfer at probate. MYNE's GmbH & Co. KG handles it through partnership-interest transfer. In both cases the transaction is administratively simpler and cheaper than transferring a whole property — typically a few hundred euros in share-transfer fees rather than the full conveyance costs of a property transfer. Both operators can advise on the local jurisdictional requirements for inheritance in the country where the property is located.

Does either operator handle local taxes (taxe foncière, IBI, IMU) on my behalf?

The annual operating costs you pay through both operators include the local property taxes — taxe foncière in France, IBI in Spain, IMU in Italy, council tax in the UK, US state/county property taxes for Pacaso US homes. Both operators handle the payment of these taxes from the cost pass-through, so owners don't pay them separately. What's NOT typically included is personal income tax filings — if you rent your MYNE share (where permitted), the rental income is yours to report personally; if you have US tax residency, you'd file US returns separately even though Pacaso provides a K-1. For non-resident buyers in particular, a local accountant in the property's country is often advisable.

What insurance is included in the annual fees?

Building insurance and basic contents insurance are included in both operators' annual fee pass-through. This covers the property itself, fixtures, and standard furnishings against fire, water damage, theft, and similar perils. What's typically NOT included by default is owner-specific personal liability insurance for stays, or coverage for high-value personal items brought to the property. Both operators can advise on supplementary coverage owners may want to add. Liability insurance for accidents during stays is typically carried at the operator level for managed properties.

If I want to upgrade my share size — e.g. go from 1/8 to 1/4 — can I do that with either operator?

Pacaso explicitly supports this — its share structure offers 1/4 and 1/2 shares in addition to the standard 1/8, and upgrading is possible when other shares in the property become available (typically through resale by other co-owners). MYNE's share structure is centred on 1/8 — upgrades to larger fractions of the same property are less standardised and depend on availability. In both cases the practical mechanic involves acquiring an additional share when an existing co-owner sells, rather than splitting a fixed share into a larger one.