@Mitch Davidson @Dito CalderonThank you both for your replies and insight into the situation.

This coming year set the goal of getting more committed to learn and expand my knowledge to avoid previous mistakes taken as well as to be able to effectively continue to expand my portfolio.I’m here to connect with others who are also passionate about real estate, and I’m eager to learn from your experiences, insights, and advice.

😝Thanks in advance for sharing your insights!

I’d love to hear your thoughts, especially if you’ve seen these challenges in your market or have insights into how STR investors can navigate this potential shift.

Great insight and advise.

Figure out the state and federal capital gains tax and depreciation recapture after selling costs.

Would appreciate any insight.

For those that own property management companies can you give me any insight on what starting one up would look like and your honest opinions of the property management business these days.

This community is a great place to gain knowledge, connect, and share experiences.

Accurate records of all expenditures are essential to claim deductions and calculate the cost basis for future capital gains taxes, including depreciation recapture.This post does not create a CPA-Client relationship.