Having documentation to support your claiming this as a business deduction is critical-to prove the rent was reasonable, you could print rental quotes for similar meeting locations.

Be sure to study up to see what is best for you.

I specialize in STR near Disney and can provide you with some valuable insights that will prove helpful.

As a result, meeting the requirements to be considered  a real estate professional may proved to be difficult. 

Maybe study some more and take again. 

If a Cost Segregation Study had not been performed on this $883,000 apartment complex located in Vista, California purchased in 2021, it would have had first year depreciation of approximately $32,700.

Acceptance of a contract can be verbal but that is harder to prove.

Hi I'm currently a student in college studying Mechanical Engineering and a friend and I are looking to invest in Real Estate once we graduate in May.

You would need to study your market to see what is best.Goo luck!

I know starting off can be scary I studied the Ohio market for two years and connected with local investors and out of state investors in Ohio before I finally pulled the trigger.