23 February 2024 | 65 replies
I have a foreign STR with Active Income and was looking at doing a cost segregation study and apply bonus depreciation.ThanksTejTej -Many thanks for the question and happy to shed some light.The eligibility of applying bonus depreciation to a foreign Short-Term Rental (STR) is contingent on the tax regulations of the specific country where the property is located.If your foreign STR is subject to U.S. tax laws, you may explore the possibility of applying bonus depreciation, but it's crucial to ensure that the property meets the criteria outlined in the relevant tax regulations.If the STR is situated in a foreign country, you'll need to investigate the tax laws of that specific jurisdiction.
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21 February 2024 | 45 replies
I like to invest in areas with less constricting government regulation that are affluent and pro-business.
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21 February 2024 | 4 replies
Permits: I think you should look into Poconos Association of Vacation Rental Owners - they are the STR owner's "lobbyist" for regulation in Poconos, and are spearheading the meeting with the township on the 20th.
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20 February 2024 | 4 replies
Hey everyone I'm looking to do a coliving house hack in Austin, TX and I'm curious if there are any restrictions preventing this? I know Austin just passed the Home initiative (https://www.homecoalitionatx.com/) which...
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20 February 2024 | 15 replies
And if regulations pivoted, I would use as second home.
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19 February 2024 | 23 replies
If your role is to raise money for them, there are some posts in here that hint around warning you about sec regulations.
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19 February 2024 | 12 replies
I have talked with several clients who have had a similar thought process - in their mind almost a "block chain" for the real estate investment.Along with the SEC regulations regarding investment offerings, the IRS has neatly placed this "blockchain" type idea as being a tax partnership.
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19 February 2024 | 4 replies
In response, Ohio REALTORS® worked with Senator Andy Brenner (R-Delaware) to introduce SB 192 to regulate wholesaling activity and require disclosure be provided to homeowners before they enter into a contract.
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20 February 2024 | 15 replies
It's crucial to conduct thorough research, consult with local professionals, and be prepared for unexpected expenses.If you're uncertain about specific local regulations or tax implications, consider consulting with a real estate professional, accountant, or attorney who can provide guidance based on your unique situation and the local market conditions.