All Forum Posts by: Matt Darak

@Deena Li absolutely. I’ll message you

@Leo Mich - we ended up buying a little further North in Longboat Key and we love it. It’s a beautiful spot. We’ve been here since March and there’s no looking back. Let me know if you have any specific questions I can help out with. 

My brother-in-law is 4 months into a 12 month apartment lease and just got a job offer out of state. Can he end the lease early if he gives 60 days notice, or is the landlord able to make him pay through all 12 months? The contract doesn’t say anything about early termination by the tenant. This is in North Carolina.

@Megan Helm - hi Megan, did you ever find the STR/Vacation Rental you were looking for in St. Pete? I'm looking a little further south in Long Boat key and have many of the same questions you did. I would appreciate any tips/suggestions/learnings you have!

@Michael Plaks

Thanks Michael. That makes sense. I’m going to reach out to a few tax specialists in my area to see if I can find someone with 3115 experience. I appreciate the help!

I’ve owned a rental for roughly 10 years but have never depreciated the property. I recently learned that I’ll have to "recapture" all allowable depreciation (taken or not) when I eventually sell the property, so this year I plan to do catch-up depreciation using Form 3115. Does anyone have any advice/recommendations for me? I assume I can catchup on all 10 years at once but I want to make sure there aren’t any other major considerations. Thanks for the help.

@David Greiner, I came across your post from a couple of years ago and wanted to ask if you ever found a realtor in the Siesta Key/Sarasota/Longboat Key area that checked all of your boxes (knows the market, shrewd negotiator, etc)? I’m looking to purchase an investment property/second home down there in the next 6 months and I could really use an experienced realtor to help me navigate. Thanks in advance!