All Forum Posts by: Christina VandenBerg

Hi all - I am working for a developer in Colorado who is building a new set of luxury townhomes in Winter Park (ski resort town in Colorado rockies). We are exploring a possible pre-sale for this property and looking to get smarter on the process and pros/cons. I am seeking to speak to people (e.g., agents, marketing agencies, developers) who have prior experience with pre-sales for luxury second home properties. Specifically, I'm looking to learn about best practices, who has done this well, different ways of structuring the pre-sale, and gain a better sense for marketing costs and effort involved. Thank you! ~ Christina

Hi all - I am working for a developer in Colorado who is building a new set of luxury townhomes in Winter Park (ski resort town in Colorado rockies). We are exploring a possible pre-sale for this property and looking to get smarter on the process and pros/cons. I am seeking to speak to people (agents, marketing agencies, developers) who have prior experience with pre-sales for luxury second home properties. Specifically, I'm looking to learn about best practices, who has done this well, different ways of structuring the pre-sale, and gain a better sense for marketing costs and effort involved. Thank you! ~ Christina

@Greg O'Brien - Thank you Greg for the reply!

*I meant to say "e.g., 100 hours and MORE than anyone else"

Hello! I have a clarifying question on the STR tax deduction. Assuming you meet the terms of the tax benefit qualification (e.g., 100 hours and more than anyone else) and want to use excess losses from the short-term rentals to offset taxes from W2, is there any W2 income cap to be aware of? E.g., you can't deduct more than $X amount or you can't deduct income made over $Y amount.

I am speaking to some CPAs on this and would value input from this group of practitioners. Thank you! And FYI, if you're seeking more context on these tax benefits, CPA Amanda Han's BiggerPockets blog article from last year is helpful: https://www.biggerpockets.com/...

Question on qualifying for the STR tax deduction. Assuming you meet the terms of the tax benefit qualification (e.g., 100 hours and not more than anyone else) and want to use excess rental losses from the short-term rentals to offset taxes from W-2, is there any W2 income cap on this? E.g., you can't deduct more than $X amount or you can't deduct income made over $Y amount. I am trying to speak to a few CPAs on this but would value input from this group of practitioners as well. Thank you!

FYI, if seeking more context on these tax benefits, CPA Amanda Han's BiggerPockets blog article from last year is helpful: https://www.biggerpockets.com/...