
17 April 2024 | 5 replies
If you have someone in mind to do the setup and trust their design eye then that can work.It will cost more but you just have to keep an eye on the budget.When will the tenant vacate the property so you can begin repairs?

17 April 2024 | 10 replies
If it is in a true vacation market most furniture companies will come deliver and setup.

18 April 2024 | 33 replies
Sigh, I don't want to take a vacation day just for this but if I don't get a response soon, I'm not sure if I can wait much longer.

16 April 2024 | 2 replies
I did a 1031 exchange in early 2022 from a single vacation rental I had into two DST's, each are 300 unit Apartment complexes offered by Capital Square.

16 April 2024 | 0 replies
Homeowners can rent their house to individuals looking for vacation opportunities or they can rent their house to a business owner who intends to use it for business purposes.Shifting Income from Your BusinessIf you are a business owner and do not use your home as your primary place of business, employing the Augusta Rule can be an effective strategy for moving income away from your business and shifting it to personal income, where there would be no tax consequence.For example, as a business owner, you host a monthly meeting with your Board of Directors.

17 April 2024 | 13 replies
The SE tax is a minor expense compared to the advantage of owning RE tax free( capital gains and cashflow) including short term vacation rentals inside your Solo401k.

16 April 2024 | 7 replies
You don’t depreciate strictly 2nd/vacation homes, only rental properties.

17 April 2024 | 39 replies
If your business implodes if you go on vacation for 2 weeks to Europe and leave your phone in the office, it's not much of a business (it's a practice).

16 April 2024 | 3 replies
Consider diversifying your portfolio by exploring various types of properties, such as single-family homes, multi-unit buildings, commercial properties, or vacation rentals.

16 April 2024 | 3 replies
Less expenses: Stop going out to eat so much, trade your car for a cheaper one, sell the $5000 golf clubs for $1000 ones, 1 vacation a year instead of 2 or 3 a year because "I deserve it", cut the grass yourself.I am being a little silly, but seriously get on a budget and see what you need to do to cut expenses or where you can work a little harder.