All Forum Posts by: Tom Dever

30k sq ft lot in a residential MA neighborhood deemed non buildable due to lack of frontage on a main road. Any alternative uses that could be used for? Farming, solar farm? Interested if any ideas out there?

Thanks so much @Karin Crompton I really appreciate your feedback.

Tom

Hey Karin - my family loves spending time in the White Mountains during the summer and  we usually spend a week and a few long weekends up there every year - its beautiful and quiet. I'm sure it would be pretty easy to rent up there during leaf peeping and ski season but not so sure about the spring and summer, interested in what your experience was with occupancy during those times. Also if you could do it again would you do a single family or a condo/townhouse?

Thx - Tom

Hi all, My name is Tom Dever from MA and I've signed up to this site to help better understand investing in vacation properties. Specifically in the Loon Mountain New Hampshire area. Would be great to network with any owners in that area that can share their experiences.

Thanks - Tom

I've searched the forum and still have questions so creating a post. I get that the ability to deduct passive losses phases out completely over 150k and that they carry forward. Can someone point to an example when the rental is tax profitable? Does depreciation still carry forward or does it just offset the taxable profit. A detailed example would be great.

Thanks - Tom