Hello Everyone, Greatly appreciate any thoughts on the matter.We have a property in Big Bear, CA and it is making a small profit this year, but it is strictly an STR.

Was wondering if anyone had any good recommendations for the following: General Contracting Interior Designing Any info would be incredible!

I didn't realize this.I know you aren't on the lending side per say, but follow up question.If I have two buildings in my name with total debt of $900k and I am looking to refinance one of them that has $500k debt, would the 45% DTI be based on the total debt ($900k)?

If I had followed that I would never have purchased anything.

You can then create a follow-up plan for your contacts to remain top of mind.All the best!

Could you help them get more followers.

And your follow-up questions are no exception.If you place it in service in 2024 but do not meet material participation - you can still claim bonus depreciation but it will be locked up and will not be useful as an offset for your W2.

If I buy a vacation home using a 2nd home loan and rent it as an AirBNB when I am not using it, can I still do a cost segregation study to accelerate depreciation and offset losses against my W2 income if I follow the rules of STR tax loophole (I.e., the average stay in the house is less than 7 days, I manage the AirBnB myself, and spend 100 hours or more a year and more time than any other person/entity on managing my AirBnB business)?

My audit was settled by NYS first, before the feds, which is odd because the state usually follows whatever the feds do.

What follow-up was done?