Your CPA should be able to guide you how to categorize all your expenses so that you can do it correctly yourself.https://www.irs.gov/businesses/small-businesses-self-employed/tangible-property-final-regulations#:~:text=The%20de%20minimis%20safe%20harbor%20election%20eliminates%20the%20burden%20of,is%20properly%20deductible%20or%20capitalizable.

Purchase price: $85,000 Cash invested: $150,000 Contributors: Hannah Holland BRRRR in a small pocket of SFHs that is surrounded by commercial near downtown, therefore our lot is zoned commercial, not ideal for pulling out as much cash as possible, BUT due to Weatherford STR regulations, I am now eligible to STR this "commercial" property.

Problem is that European countries like Portugal and Spain are following (or preceding) the negative STR regulations that you find in more and more places in North America.

I've been hitting that market too, but there are a lot of regulations about attorneys doing business with clients so I have to be careful about that. 3.

The only time the market ever crashed in Miami seriously was because there was mortgage fraud going on and then the mortgage industry was regulated.

This area is experiencing significant growth with many new businesses moving in and numerous new developments underway.

I know numerous homeowners who bought a simple home in California 20 years ago and are now millionaires because of that one purchase.

If they enact STR regulations might be an issue.

According to Attorney Cathy Lucrezi, "So, in addition to being a property manager, you become a "CRA" - subject to all the laws, regulations, and liabilities as Equifax.

Hi everyone,I’m reaching out to see if anyone has experience dealing with local regulations that seem to overstep property ownership rights.