As always, the rules are more complicated than I can explain in one paragraph, so check with your tax accountant.Myth 7: I can write off my STR's initial rehabSTRs or LTRs - the rules are the same.

Most people that have limited experience go the thought leadership route.Start learning everything you can about real estate investing and then regurgitate it by writing blogs, starting or being featured on podcasts, blab about it on YouTube and social media.  

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $2,792,500

Cash invested: $50,000

Contributors:
Trent Werner,
Chris Shepard

GP Investm...

It’s a great time to buy during the low season to get launched, stabilized and get your tax write offs now (60% bonus depreciation this year vs 40% next year).  

Looking at a few chalet style properties in that area and interested in insight from others.

Dear all,Trying out a particular style of real estate investing for the first time can be a major psychological hurdle to clear.

Any lease over 1 year must be in writing, here is a good read on texas Leases, if you dont have a standard texas lease DM me and i will email you a blank copy.

One thing typically you cannot do, is try to write around the property code.  

Whether or not you have an LLC, if you are found to be grossly negligent, it could be you that is writing the check for the judgement, and depending on the state, it can be up to four times actual damage.