I have spoken with dozens of CPAs that understand the ruling in the passive loss limitations as @Brandon Hall explains it (tagging him in case he wants to defend his position), and very few that don't view it that way.

Puts everyone in a bad position if things wobble even just a little...crazy.Thanks for the great insights!

At the current interest rates, 1% ratio likely is unlikely to have positive cash flow at a high LTV.  

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

Live where you want and invest where the numbers make the most sense.The benefit of living in NYC is that you hopefully make a nice salary compared to others in the country.This gives you a competitive advantage when you want to buy properties in other parts of the country.If you are investing in NYC, you are not investing for the cash-flow but the potential appreciation.I used to live in NYC(now I am a digital nomad) and I decided to invest in Florida.

So, a value like "-4" means the guest shortened their stay by four nights, and a positive value like "30" indicates an extension of the stay by 30 nights.As for the "nights" column, it usually shows the final total number of nights after any adjustments have been made.

If it continues to perform this well we don't see the need to hire an appointment setter... saves a ton of headache as the position is definitely high turnover.Do y'all think a mortgage brokerage, hard money lender, or wholesaling company could benefit from a system like this?

This will strengthen your position when discussing the property's value.### 2.

Rates right now aren't great so you won't benefit much from a refi but Sam can take a look and possibly suggest changes to make so that when rates do come down you are in a position for refi

Sounds great .Good to know that you had a positive experience with him!