It's been said before, but it's worth repeating: don’t waste your time and money searching for the 'perfect' market.

There have been several lawsuits filed against our city by the victims, estates, etc. that I believe the city is on the losing end of, and are likely to affect the city's long-term finances.

You can also look at Schedule E, which connects to depreciation, though it won’t show the exact cost basis.Since depreciation affects the final cost basis, you might want to ask your CPA for a summary of your properties' bases to save time in the future.They should have a system where we can give you not just the basis but also a detailed gain (and estimated taxes) calculation within a day.

Creating a good experience for these business guests will be important for repeat business.

There could be tax implications as appreciation then starts to affect you after that 6 month time frame.

@Patricia Andriolo-Bull I agree, under those circumstance I would have been lenient, but I'm in Colorado and we weren't affected by weather.

It's a proven cycle: make money, invest wisely, minimize taxes, and repeat.

You could do so much better building a team to buy ugly houses, rehab them, rent, refinance and repeat.

"FEMA announced that federal disaster assistance is available to the state of North Carolina to supplement recovery efforts in the areas affected by Tropical Storm Helene from Sept. 25, 2024, and continuing." 

Opt for a property management company with deep regional expertise to get the most out of your investment.Property Expertise: Look for a firm that has experience managing properties similar to yours and is familiar with your asset class’s specific challenges.Company Culture: Choose a firm with a customer-focused culture that values team management and service, as this directly affects property performance.Market Reputation: Speak with local brokers and visit managed properties to get a sense of the company’s track record.By focusing on these factors, you can find a property management company that aligns with your goals and delivers real value.