An agent that works for me has a closing today, when I reviewed their closing statement there was $15k in fees from the mortgage broker.

Alright guys and gals - this one is juicy (and a bit lengthy), so buckle up,Today, we're diving into the world of short-term rental tax strategy, exploring both the opportunities for success and the pitfalls to avoid.

Just closed today.

I'm not but was just today inquiring about property in The Villages for that exactly same purpose.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

There were 100% some rough years early on, to be certain, simply because it's hard to perfectly time the catching of a falling knife, but those that weathered the storm are sitting quite pretty today.

@Williams HerreraStarting investing in real estate involves education, networking, and setting financial goals.

But the 199A is scheduled to sunset in 2025 under the TCJA unless made permanent.It wouldn't be uncommon for some investors to only realize taxable income on 40-50% of their dividend distributions in today's current environment (I have seen this personally).You asked about fees, so one quick comment.

I am afraid that it will be a long journey for you unless you get educated very quickly.

Cons are the liquidity event that your parents will have to do to purchase the home (I assume the funds are in some sort of investment today so there's likely some tax ramifications on cashing those securities).