We lost the equity piece of BRRRR, but we gained appreciation - something I did not see much in the earlier years.We work with the same contractors, we have standardized materials, we use the same vendors and SKUs for the most part - but still: if I am not on the job 3 times a week and check in on progress, quality and issues, things go sideways.Most of our OOS clients end up doing paint & carpet and will later say they are so glad they did not take on more! 

It is when the property is available to rent.You do not necessarily need earnings from the property to have deductible expenses (again, available for rent is not always the same date as the lease start).REP status is 750 hours in real estate activities PLUS material participation in the activity(ies).Talk to a CPA or tax pro who knows this stuff.

Had I suspected they were materially violating anything in the lease, I would have evicted them.  

Hello, I have seen a few of my competitor's buying, flipping and doing SubTo's, and owner financing. They have gone to some events, paid for courses and subscribed to some marketing programs. They live in another stat...

Cap ex is not easy to absorb and the "excel pro-forma"  rarely materializes as reality. 

Hi All,Looking to buy a STR at the Jersey Shore this year, meet the material participation requirement/100 hrs, and take bonus depreciation on the unit for 2024.

I just heard about Obligo.com Does anyone have any experience with this, as either a landlord or a renter?

After revising the bid to include one-liners detailing the work and materials, I'm now awaiting further feedback.

First you would establish an IRA with a custodian that allows for alternative assets and complete a rollover form.

Build-to-rent communities, purpose-built neighborhoods consisting entirely of rental units, are stepping in to fill this void, providing a viable alternative to traditional homeownership.Unlike traditional single-family homes or apartment complexes, BTR communities offer a range of housing options, from detached houses to townhomes and duplexes, tailored specifically for renters.