21 December 2024 | 18 replies
Have about $2k of profits sitting in a checking account solely for my rental ($4k total with SD).When can/should I take the excess profits out and invest them?
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24 December 2024 | 6 replies
Here is a fresh example, and it actually came from another tax firm (not mine) specializing in real estate.Let me briefly tell you why I crossed out their pitch:Strategy 1: depends on your 2025 projected net income vs your 2024 net income, among many other factorsStrategy 2: can backfire amidst the uncertainty of future tax rules regarding bonus depreciation, and also ignores alternativesStrategy 3: no rush to do it before December 31stIf you decide to continue reading, I will give you a high-level overview of the most common EOY tax strategies, obviously without an actual discussion of each one.
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16 December 2024 | 5 replies
You would think this would be one of the most obvious helpful stats that Airbnb can provide, but I’m struggling with it.Anyone else having better luck with the Airbnb stats?
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10 January 2025 | 67 replies
., totally understand why you are wanting to get out of dealing with tenants and being a landlord.
20 December 2024 | 4 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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16 December 2024 | 5 replies
This is my first time and I'm buying a fixer upper that needs a new compressor, roof and a total kitchen remodel.
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16 December 2024 | 6 replies
This can help you greatly with the additional depreciation.Ultimately, med to large MF and small 2-4s are totally different products.
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16 December 2024 | 1 reply
I am starting a total renovation.
19 December 2024 | 5 replies
I recall reading something in The Economist pointing out how these not-so-obvious markets often bring steadiness that flashier spots can’t always match.
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19 December 2024 | 6 replies
At my other location, I currently have 6 rooms with three vacancies and totalling 4 at the end of the month.