Be sure to consult with your CPA to determine if you can utilize these deductions based on your specific tax situation.

Quote from @David Martoyan: There are many, they need to be market specific..

Each one has a specific reason, to be sure.  

While I’m not in Little Rock, I’ve found that networking with local brokers and property managers can be key to uncovering neighborhood-specific insights.

Stick with sponsors who specialize in a specific niche and have a proven history of success.

So I am not tied to a specific area.

For anyone considering this, it’s probably worth consulting with a local land-use attorney or planner to navigate the specifics and make sure you’re maximizing the opportunity without running into red tape.

While I haven’t invested in NYC specifically, I can share a bit of perspective: For a 3-year timeline, buying can make sense if you’re confident in the market’s appreciation and can find a condo with flexibility for renting it out later.

I think you have to own them if the people were nice and respectful.One thing I've found is that you have to specifically remind them in the beginning, middle, and the end, that you want to provide a 5-star stay to result in a 5-star review.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?