I keep finding conflicting information and the IRS website doesn't specifically mention using an RV as a STR.

You can save a lot on costs if you do many repairs yourself.Look into hard money lenders or private lenders for the initial purchase and rehab.Connect with wholesalers, agents specializing in investment properties, and other BRRRR investors to find deals and learn more.

In 2016, we returned to KC and purchased our primary home in Liberty using a Doctor’s loan.In 2020, we developed a strong interest in real estate investing.

I look to achieve the 1% rule when purchasing although in the current market it’s not a guarantee of cash flow.

Have you considered specific local market conditions?

If I have specific questions about a transaction I’m doing or something like that, I just ask via email or phone call.

@Grace Solano , congratulations on your purchase in Queen Creek, AZ.

About 6 months ago we purchased a duplex using a DSCR loan.

Purchase price: $145,000 Cash invested: $60,000 Fully renovated 4-5 bedroom ranch on 3.3 acres.

To say I am shocked is an understatement.Finally, when I sought out their tax strategy services, I specifically asked in the informational meeting if I wasn't acting a little prematurely, and if I should wait for my partner and I to be married in 2024 before making this investment, i.e. if tax strategizing would pay for itself in 2023 via significant tax refunds.