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31 December 2024 | 3 replies
Property owners can obtain a cost segregation look-back study on their current property to recalculate the depreciation for previous tax years based on their reclassified assets.CAN I STILL DO A COST SEGREGATION STUDY IF MY CONDOMINIUM COMPLEX IS A SHORT-TERM VACATION RENTAL?
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14 January 2025 | 18 replies
There is a lot to go into it and recommend BP and youtube to learn more about the industry.
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25 January 2025 | 155 replies
Hey Violet, to obtain additional corporate credit, are you working with a specific company or are you reaching out the typical credit card vendors?
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13 February 2025 | 123 replies
Definitely do not recommend to anyone.
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15 January 2025 | 15 replies
Hi Jasmine-Congratulations on being ready to turn your primary residence into a rental.Your question is should you use a property manager or self-manage your property.If there is enough positive cashflow or you can afford to pay a property manager, I always recommend doing so for the following reasons:1.
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29 January 2025 | 23 replies
Condos are also starting to only accept 20% down with reserves, not a good invest strategy at the moment.I'd recommend you stay in Tampa, Sarasota, buy some SF, duplex that need some lipstick and loving, put a tenant in there, and then get a heloc and repeat.
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9 January 2025 | 16 replies
We estimate the project will take less than 3 months to complete.I’m exploring alternative short-term financing solutions and would appreciate any advice or recommendations on options that might work well for this type of project.Thank you in advance for your insights and assistance!
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3 January 2025 | 3 replies
In this era of increased rates, obtaining properties that will produce a good return are harder to find and often involve quite a bit of work.
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10 January 2025 | 12 replies
One workaround could be keeping a separate spreadsheet to track your adjusted tax basis accurately and only using Stessa for operational insights.You could also reach out to a cpa and see if they have a specific recommendation for software to use.
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16 January 2025 | 6 replies
Recommend multiple payments.