Sell, get the tax savings while you can.

@Brad Kanouse Using Traditional IRA funds for an investment property typically incurs income tax and a 10% penalty if you’re under 59½, as investment properties don’t qualify for tax exemptions.

Any tax pro who is familiar with REI will be able to help you.

Is $107k your true net, or do you have any other expenses (mortgage, taxes, lodging taxes and fees, insurance, utilities, landscaping, WiFi, etc.)?

Attractive Tax Environment for InvestorsGermany offers favorable tax policies for property investors.

The property owner's tax professional can help them with that and ensure they don't pay taxes twice on the same income.Disclaimer: My advice/opinion in this post is just that, my opinion.

Areas near oil production hubs could experience economic booms, creating localized opportunities for real estate investments.Beyond these broader economic initiatives, Bessent has been vocal about extending or even expanding the 2017 Tax Cuts and Jobs Act (TCJA).

So, for the interest paid on the loan from August through December, who can claim the interest for tax purposes?

There are less taxes in Alberta too.

@Rebecca GonaBigger Pockets is a great place to find a tax accountant that specializes in short-term rentals.