It looks like a very simple or basic apartment, and it needs some serious design pieces.

After 12 months, you can fully rent out the property if you desire, without needing to occupy.2nd homes are designed to have another place to live in a "resort type" area or when commuting to a different state for work.

This designation allows them to treat rental real estate losses as non-passive, meaning they can deduct losses against other active income.

Exploring economic trends is essential for developing a successful real estate market strategy, particularly if you're focused on rentals.

When I first started as a carpenter in VT I worked for a high-end custom design-build firm and all of our guys were actually local white boys.

Welcome @Rebecca Morris,These are the 10 first steps I would recommend to get started in REI (real estate investing):1) Educate Yourself: Read books, take online courses, and attend seminars about real estate basics, market trends, and investment strategies.2) Set Clear Goals: Define what you want to achieve in real estate—whether it’s buying a home, investing in rental properties, or flipping houses.3) Choose Your Niche: Decide if you want to focus on residential, commercial, or industrial real estate, or perhaps a mix of these.4) Research the Market: Analyze your local real estate market.

You can force a tool like Pricelabs to work for MTRs, but it's not designed for it.

Websites like Zillow, Redfin, and Realtor.com offer great insights into home prices, trends, and inventory levels.

Depreciation is typically allocated according to the ownership percentages outlined in the partnership or syndication agreement, which are set in advance and follow certain rules under the tax code.However, some syndication structures can be designed with different classes of partners or special allocations, but these arrangements are subject to complex tax rules, such as the "substantial economic effect" rule under Section 704(b) of the Internal Revenue Code.

Can you explain what the designations Sale and Non-Sale mean?