Especially in tax advantaged retirement accounts. 

Most 401k returns are moderate at best the only reason to take advantage of them is for the match, once that’s out the picture the decision is a no brainer. 

For properties valued between $30M and $40M, the commission rate tends to be on the lower end of this range, often around 1% to 2%.Some brokers may also opt for a flat fee structure, which can be advantageous for high-value transactions.Comparison with Provided Rates:For a property under $34M, the commission is 1%, which aligns with the lower end of typical commercial real estate commissions for high-value properties.For properties between $34M and $35M, the commission is a flat $400,000.

This is a great place to learn and to connect with people so take advantage of all the great resources.

Even though these expenses are rather low, it's important to compare them to the advantages the LLC offers.Umbrella Insurance: An alternative to forming an LLC for asset protection is obtaining a robust umbrella insurance policy.

They come to realize  fractional ownership in a semi-active project with far less control is not as advantageous and eliminates the ability to build the more personal and meaningful relationships with lenders that comes with going through the more natural progression of growing a portfolio and business. 

The Richest Man in Babylon by George Samuel Clason: “To attract goodluck to oneself, it is necessary to take advantage of opportunities” “Men of action are favored by the goodness of good luck”One of the most important qualities that I see in successful individuals is that they take action.If you do nothing, nothing will happen.Where do you need to take action in your life?

Its sad that doing a "lipstick on a pig" remodel is more advantageous and buyers dont see the cost over years(foundation , electrical, plumbing, etc) issues alot of times when buying. 

Without REPS, the passive losses from these rental activities may still be subject to passive activity loss limitations, so it may not yield any meaningful tax advantage.

I had a client in Scottsdale last year who faced a similar dilemma—they were purchasing an STR in December, with existing rentals in place, and they wanted to take full advantage of bonus depreciation for that year.So, for Question 1, the short answer is no, it doesn’t necessarily negate the STR loophole for 2024 just because a property management company is running the show for a few months.