Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Wilson Hunter

Wilson Hunter has started 19 posts and replied 209 times.

Thanks, Mark, I’m actually quite aware of benefits and negatives and have done it before, but I’m specifically curious about something mentioned in the above post - that perhaps the study itself has to be actually performed in the calendar year that you intend to file for?

Quote from @Julio Gonzalez:

@Wilson Hunter You can technically get a cost segregation study at any point while you own the property, it's just recommended to do it in the year of purchase's tax return (if you bought it in 2022, you could do it in 2023 before you file the 2022 tax return). If you do the cost seg study after this time period, that's still totally fine, there's just more paperwork and tax forms that need to be completed. In this instance, it's recommended to purchase the property in 2022 to be eligible for 100% bonus depreciation since that decreases to 80% in 2023. Hope that helps!


Thanks for this info. To clarify, does the study itself have to be performed in the year do the depreciation with it, or could it be done in, say, February before the April filing for the previous year? 

Quote from @Sean Bramble:

Pretty sure this is the last year you can claim 100% accelerated depreciation ... if you can do a cost segregation before eoy you'll be in good shape. I think the maximum deduction next year is only 75%. Could be other tax considerations though, so consult your CPA

Hi Sean, are you saying you have to perform the cost seg in the calendar year you bought it, like who can’t do it in the following year prior to tax filing? That would be helpful to know… Thanks.

Post: Gatlinburg: $1000 psf

Wilson HunterPosted
  • Investor
  • Greenville, SC
  • Posts 210
  • Votes 302
Quote from @Nathan Gesner:
Quote from @Collin Hays:

You originally posted about them, so surely you know where they are? 

Collin is asking on which river you see "plenty of larger units on the river with lower rates and availability"

19,000 is a lot of posts

Post: Gatlinburg STRs and the recession of 2022

Wilson HunterPosted
  • Investor
  • Greenville, SC
  • Posts 210
  • Votes 302

Bump because this is a great thread.

My fall was amazing compared to the summer. I truly think gas prices mattered, plus dynamic pricing apps were overinflating June/July relative to other months.

Post: Cleaning People Near Hatteras Island, NC

Wilson HunterPosted
  • Investor
  • Greenville, SC
  • Posts 210
  • Votes 302

I just started a STR in Avon. Best way to find a cleaner down there is to spend a few days there and talk to locals.

Post: Number of photos & Airbnb algorithm

Wilson HunterPosted
  • Investor
  • Greenville, SC
  • Posts 210
  • Votes 302
Quote from @Edward S. Sarnowski:

I have a 4 bed cabin, 2,850 square feet, with outdoor amenities plus a lot indoor on 3 floors.  Plus solid mountain views.  I have 65 pics and am plenty booked.  I think it depends on how much you have to photograph and how much space.


 Great feedback, thanks!

Post: Number of photos & Airbnb algorithm

Wilson HunterPosted
  • Investor
  • Greenville, SC
  • Posts 210
  • Votes 302
Quote from @Christian Ehlers:

As far as I'm aware the number of pictures doesn't matter to Airbnb algorithm, but the quality of photo resolution and how long guests look at the photos does. Unless you have an incredibly large property I wouldn't necessarily go straight to 60 photos, I don't think anyone is going to look through all of them and even if so 30 could probably do the same job. 

Be sure that your first photo especially and then your first 5 photos are you're very best ones that sell the place, as these are the first ones that guests will see. If they don't like these then they aren't clicking through to see the other 25-55 photos. 

Hope this helps!


Thanks, Christian. Makes sense. I’ve been consistently page 1-2 for 2 guests in the Smokies with 49 images, but it probably is a good rule of thumb to find some cuts for the fall and sunset pics rather than just dumping more in.

Post: Number of photos & Airbnb algorithm

Wilson HunterPosted
  • Investor
  • Greenville, SC
  • Posts 210
  • Votes 302
Quote from @John Underwood:

Never heard that too many pictures affect your search results. Why do you think that?


 I’ve heard a few owners start to see ranking go down when they get close to the max. No solid data, just what I’ve heard. If part of the algorithm is based on how people engage with your pics I guess it would make sense if no one gets to the end when they click through. Could be wrong though.