Also the 1% rule is about as good as the rule thumb and not based on current conditions or current data. 

That's fun - two first time posters singing the praises of this program One of which, Nick, works for the company based on his LinkedIn profile. 

For short-term rentals (STR), the IRS requires you to prorate NORMAL depreciation based on the time the property is available for rent, not when you purchased it.

With the idea of "we can turn money today into more money tomorrow by investing it," I place most of this within a taxable brokerage account where it grows based on the market broadly speaking.

Be confident, be courteous, and time will teach you what works based on your unique personality and skillset.

We are creating our partnership, getting approved for a mortgage, and then putting in offers on specific properties we like based on the analysis.

I believe all of the remaining clients following me to my independent company shows that the bulk of the value of the company that I shared with her, was based on my contributions.

However, what I would suggest based on your expertise as a contractor is going into a semi-fixer upper and make minor repairs to boost equity as well as savings. 

This will provide a better reflection of the property’s true market value based on its current use.DM me if you need more insight

You should never pick your 1031 Exchange Qualified Intermediary based solely on their 1031 Exchange fees, costs and charges or the size of the institution.