Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
If you did a cost segregation study on the property in the past, you may have to recapture the depreciation taken in the past.capital gain tax rates are 0, 15 or 20%There is also a potential 3.8% Net Investment Income Tax.Also, don't forget state income taxes depending on what state the property is located or your state of residency.Best of luck!
Corbin Wright
Advice please! I have a somewhat tricky question regarding AirDNA!
12 January 2025 | 8 replies
You do need a subscription to study the comps FYI.
Alec Dressler
How to Determine Public Interest in my Future Airbnb
7 January 2025 | 1 reply
However, recently I have discovered a small cabin about an hour outside of Salt Lake City on roughly 2 acres of land for sale.
Paul Whitehurst
Bank is declining my HELOC - HELP!
18 January 2025 | 9 replies
I’ve often seen this happen where initial approval is given, but debt-to-income issues arise once they discover you’re purchasing another property.
Chris Shon
Do I need a Real Estate Tax Accountant?
28 January 2025 | 20 replies
Don't forget cost segregation studies as well.
Elijah Berg
36% Rent increse Two weeks Into First duplex as a 19 year old Investor
4 January 2025 | 23 replies
As a result I must Study the market and know what i’m worth.
Frank Pyle
Seeking Advice on Financing an Airbnb/Short-Term Rental
11 January 2025 | 13 replies
If you discovered the issue before paying for the appraisal that could hopefully save some costs (in case the appraiser is with the wrong AMC).Pre-vetting with the lender on rental history/AIRbnb/1007 as well as seasoning could help.
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
This is what I discovered if this helps anyone out who Googles about them and ends up on this Bigger Pockets forum thread.On Reddit, there were several negative reviews like really bad ones of current clients who can't seem to exit from their services and who have spent and lost lots of money due to lag times, mistakes, etc. on the part of Anderson Advisors.
Allie William Wilson
Eastern Tennessee STR/MTR
3 January 2025 | 14 replies
We have been in touch with a few investor realtors in the Knoxville area, which seems to be largely discovered now.