Socal is tough to find investment properties that work.I have a great realtor in Sacramento that can find properties that cash flow.

I started my real estate career in 2014 working in marketing at PPR Note Co. with Dave Van Horn.

Investment Info:Single-family residence buy & hold investment.

(August 2022)Single-family residence buy & hold investment.Current Value Estimate: $410,000 Purchase price: $345,000 Cash invested: $5,000

One of my favorite states for OSS investments is Florida.

Just to present an alternative point of view regarding California residents investing in STRs, I'd say the gambit still works and works well.For one thing, you still get to use the Section 263(a) tangible property regulations' de minimis rules, which probably mean you can immediately expense most of the furniture and fixtures in your STR.For another thing, while for your California return you won't be able to use bonus or accelerated depreciation for the personal property, you will still use shorter 5-year and 7-year lives for maybe 25% of the improvements.But the big thing: The federal tax bill is far, far bigger.

I chose to invest most of those gains into a trucking company due to the lack of patience at the time and my 10 year experience being a tractor trailer w-2 driver.

I work with out-of-state investors and would be happy to share my experience and how I can help you in your next investment purchase.

You will likely miss some deductions using the commercial tax software but it’s the cheaper option and starting out a couple hundred dollars in deductions missed likely isn’t that big of a deal.

I am excited to get started on the next one.