@Jackson Pudlo you'll have a better chance of success managing a unit right next door and learn a lot.Versus...Buying a rental in a few years that not near you.One of the biggest mistakes newbie investors make is not paying enough attention to their rentals because they are too busy with family & work.You really won't be able to ignore a rental next door to you!

Concessions, when used poorly are dangerous to your business.

Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.

Hello everyone,My business partner and I are considering buying in Niagara Falls as a short term rental investment and we'd love to speak to someone there running a vacation rental.

The biggest win seems to be the fact that investors will be able to buy existing STR's and carry on with the business.

And don't forget, states don't have 4-profit business to create wealth, no money-tree out in a yard to shake, states $ is from THE PEOPLE, so that $50 Billion is all Californians paying for it.  

To determine the correct treatment, consider the RV's permanence, utility connections, and business use.This post does not create a CPA-Client relationship.

Getting a call weekly or even more often might be a problem if you're too busy, on top of managing taxes, general scheduled maintenance, etc."

A business partner approached me about it, and I negotiated the deal based on CAP rate.

Would love to connect and be a resource to you anyway that I can - I'm a realtor, and investor in the area and have some tips & tricks you can implement into your business and see if it helps!