All Forum Posts by: Phil Baker

@Phil Baker

Thank you all! Sounds like it is, just in a different more complex way and maybe not all the time. I appreciate all the responses.

I’ve been struggling to get the right answer in writing off investment property interest. I thought investment property mortgage interest was tax deductible. My tax guy is telling me it is not. Does anyone have any information or resources they could share with me?

@Kade Matthews $75k

Hey I’m looking at 1973 mobile home in Price Utah. I know there are a lot of negatives about this but the numbers do work. Could anyone refer me an agent in the area? Also any recommendations on a lender for this “challenge” would be helpful. Thank you

Thanks @Tyler Work. Sorry I disappeared there. I appreciate the information.

@Ryan E. I do think oil will only continue to rise but at a slow pace. Slow or fast I don’t think it will drop but I’m no expert. Part of my opinion is simply based on inflation’s typical trend. My family out in the basin is seeing more stability. What’s your take?

Wow! This is a ton of good info. @Jason Johnson yes this will be a single family home and I will use it on occasion it. I'll check out Bay Equity. Everbooked is pretty cool @Jon Crosby. Thanks for showing me that. I'll definitely post when I get the place! @Christine Z. Hurricane is actually specifically where I'm looking. Crossing my fingers. @Eric Gardiner I'll verify STR zoning. Thank you. What's the best way to familiarize/understand Airbnb? Do you run cleaning through them or separate? Is there a special kind of property management or not?

I live in Utah County, Utah. I’m interested in doing Airbnb in Washington County, Utah. wondering what your opinion is on current trends and the future. Also curious if anyone would know vacancy and rent rates. I’m very interested in making a purchase there if it makes sense. Any recommendations on agents, property management companies (specifically dealing in Airbnb). Any information Would be greatly appreciated. Thanks

Thank you @Stacey Mollinet

What is the name of the property management company that you use? Would you mind if I gave them a call?