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13 October 2024 | 24 replies
Most often because of wildfire risk or simply because it's an STR, but sometimes because of the high property value.
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11 October 2024 | 10 replies
Simply trying to beat big box/Costco pricing and their retail prices aren't less.
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10 October 2024 | 2 replies
Never done it either, we've been approached to lend by some investors looking to do it.The risk of insurances rates skyrocketing or simply being cut off makes it extremely difficult.You also have to consider rental demand.
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11 October 2024 | 30 replies
It can be a great win-win, simply by bisecting the property and hosting operation.
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13 October 2024 | 11 replies
For us this is simply about knowing our options.
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8 October 2024 | 6 replies
Hello BP community,We are in the process of attempting to optimize our first STR property in a very seasonal market.
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14 October 2024 | 24 replies
If you want tax-deductions now you might contribute to the pre-tax bucket and get a deductions, or if you want tax-free growth and tax-free distributions, you will look at contributing to Roth bucket, or maybe you do some to pre-tax and some to post tax Roth. 3) Simply put, Compounding Interest In the Absence of Taxation!
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11 October 2024 | 17 replies
We don't want people to think that they are skirting the law in some way when they are just simply following it.
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15 October 2024 | 26 replies
Are based on their capabilities rather than what is ideally offered to you (for example, if a lawyer is only licensed in Texas, they might recommend structuring in Texas even when it's more advantageous to establish, say, a Wyoming holding company, simply because they cannot facilitate the latter).Comparing this to the medical field, as discussed in this thread, physicians generally provide more consistent advice.
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11 October 2024 | 7 replies
Something to be aware of.We've filled vacancies at our medium-term rental in Denver in January before, but had trouble in November and December, so I don't know if the winter is tough or if its simply the holiday season.I'd be more interested in buying the right place whenever it comes up.