It's crucial for sellers to fully disclose how they acquired the property to avoid any misunderstandings.

As the "younger sibling" to Guesty for Pros, it's clear there's less revenue in GfH, which has seen little changes since Guesty acquired YourPorter a couple years back. 

Another CPA can correct me if wrong but I don't think there's going to be any recapture here.27.5 to me implies 1250 property and if acquired after 75' means no additional depreciation to recapture.I think there would be unrecaptured 1250 in the amount of the depreciation taken previously, max 25% at ordinary rates.The total gain less unrecaptured 1250 I believe would be 1231 capital gains, not considering other factors like look back and netting rules.Also the land would be 1231 and would get capital gains treatment.And personally I would subtract selling costs as a capitalized selling cost.Amount RealizedLess: Adjusted BasisRealized Gain/LossLess: Selling ExpensesRecognized Gain 1001I could be wrong though so correct me if so.Article for those interested:Depreciation recapture in the partnership context (thetaxadviser.com)While Sec. 1250 only requires additional depreciation to be recaptured as ordinary income, Sec. 1(h)(1)(E) subjects unrecaptured Sec. 1250 gain to a maximum tax rate of 25%.

If your goal is to acquire additional investment properties in the future, you are better off starting out with a traditional rental, whether single family or multi-unit, compared to a vacation rental or Airbnb, where the income potential might be higher but won't be used to help you qualify to purchase other properties in the future.

Establish Track Record (Small Deals & Personal Equity): Most GP's start by acquiring/developing smaller properties where they alone can fund the equity side of the capital stack (IE - no raise). 

I have consulted with 2 different CPAs before and they told me 2 different ways.We currently own 1 rental in a Trust and in the process of getting another.I wanted to put the newly acquired property in its own LLC.

For instance, an NDA seeking to restrict an employee forever from applying all skills he acquired in a workplace after leaving that employment may not be considered reasonable.Types of NDANDAs may be unilateral or bilateral/mutual or multilateral.In unilateral NDAS, only one party receives information from the other party and the former bears the obligation to safeguard such information.

I currently live in Las Vegas, where my current properties were acquired using a buy-and-hold strategy with a conventional 25% down payment.

Personally, even with interest rate uncertainty and election year hysteria, I am building a stronger and stronger conviction around the fact that I need to get a little more aggressive in acquiring more income properties.   

So, he acquired the nickname “Low Ball Ho”.