Instead, you might want to think about investing those proceeds into another passive activity that generates future deductible losses.A good friend of mine in Phoenix faced almost the exact same issue last year.

I've worked with a lot of investors who’ve done cost segregation, and the recapture part is always something that can catch you off guard if you don't think it through.Let’s break this down step by step..just like when I helped a buddy of mine who had a similar situation a couple of years ago, only he was dealing with a multi-family unit, not a single-family home.

Some key pointers so that your operations go smoothly:Underwriting: Don’t shy away from the process of analyzing hundreds of deals before finding one that fits your criteria.

The most important start is a good team or good turn key operator.  

From my experience oakhusr is more reachable in winter months than other placesI have been in operation for a little over two years my first slow season was awful, I can’t really give you an accurate number but somewhere around 25-30%.

There is currently 1 washer/dryer set, regular/non coin operated, in the basement.

I moved my properties over to Roost in March (who also operates in Dayton) and have been very happy with them.

Have been to Houston in 2013 and from my memory it gave me a similar profiling to Perth, WA very resource centric (mining, oil&gas) next to energy rich region and liked that the city was big yet not maddening as the NY/LA's of the world.

I am not sure what kind of appreciation a boutique hotel can create, as hotels are very much operating businesses and the real estate itself holds minimal value outside of the business operations. 

No course on wholesaling is worth it because wholesaling is not worth it if you aren't an experienced operator.