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Short Term Rental Questions
12 January 2025 | 7 replies
What you stated only applies to St Pete itself, and not unincorporated Pinellas county.
David Lewis
First Timer - Long Distance Investment?
29 January 2025 | 6 replies
@David LewisRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Jessica Young
HOA votes to bylaws change bans smoking but a renters' lease
29 January 2025 | 5 replies
Does the lease also state that the tenant must follow the HOA rules?
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
This applies regardless of the type of deduction you choose to take for the vehicle.If section 179 doesn't work in your situation, there is bonus depreciation, which allows for a deduction of up to about $20k of the value of the vehicle for 2024.
Donald DiBuono
Creative Finance Deal Need Advice!
9 January 2025 | 4 replies
Once they exercise seller financing, the property is sold and all 1031 rules apply. 1031 has specific timelines.
Joe S.
Is there a demand for Short term rentals in Kyle Texas?
30 January 2025 | 11 replies
I can at least find out the rules that go by or what they allow.
Lou Cautero
Multifamily Investor Looking to Expand!
28 January 2025 | 0 replies
Through my experience, I’ve cultivated a conservative approach that balances opportunity with risk management that I apply to every deal that crosses my desk.
Cosmo DePinto
BRRRR advice in Phoenix
29 January 2025 | 3 replies
Also, I would look at rental rates to property values to determine if any areas are around the 1% rule.
Justin Fondren
First Property Steps To Buy
19 January 2025 | 7 replies
Applying that to RE investing, most would agree your first FHA loan should be a multi-unit house hack.
Lauren Merendino
Pre retirement Strategy
27 January 2025 | 29 replies
I don't know the rules in the US, but in Canada, you can do that every 2 years and when you sell, you don't pay taxes on the capital gains.