Benefits include immediate tax savings via bonus depreciation (60% in 2024), but depreciation recapture tax applies upon sale.This post does not create a CPA-Client relationship.

It’s a good idea to speak directly with an insurance agent who understands multi-unit properties to customize coverage for your specific situation.

My favorite way is is simply using Pricelabs using a comp set, OR using Airbnb itself to see what your direct competition is.

Agreed- with a long term rental you can be very clear and upfront about all the nuances/quirks of the property and what is included because the transaction has far more direct communication.

If you can get your direct deposit moved against your heloc right away, and then you do not have to pay bills instantly, you are leaving your idol funds offsetting a 7.5-8.5% interest rate.

So there's not a way to know unless you find out from the seller directly.

The alternative is to set up a self-directed IRA, or better, a truly self-directed Solo 401k plan, invest in alternative assets, and then do the conversion.

I wondered about using your own vendors, here's what I found:"Currently, you cannot directly add your own contractors to Lula's network.

Contingency:No need to go through the same process to illustrate contingency but contingent funds can be applied to the loan interest example above.

This is where real estate investing turns into a great area and on paper investment strategies seem great, but when applying them to reality, things can quickly change.