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All Forum Posts by: Shannon Bresnahan

Shannon Bresnahan has started 2 posts and replied 3 times.

Love the responses BPers! Both sides represented. My battle has surely been higher taxes in CA and now new legislation to add an additional tax on each stay at my AirBNB which is only 1 property. I’ve owed it for 5 years and rented for alittle less on AirBNB for 3. So between acquired equity and appreciation I will take out around 400k-450k. My first thought was invest in.....need your help here? TX, FL , TN, Midwest? Multi, single, commercial? Life was easier before the changes to the uptick of an additional 15% a year in Cali for AirBNB but so it goes. Change is good but would love ur input! 

Hello BPers- I'm selling a investment property that has been a profitable airbnb rental in Venice, CA but now with the new city legislation has passed I'm selling it and plan to move my equity out of state. Is it better to use the proceeds to by less properties in all cash or finance and acquire more? curious on the BPers opinion on either of these positions. Thanks! Shannon