Tim Johnson
Is Real Estate the best way to reduce your taxes?
18 January 2025 | 5 replies
Look at all of the losses you can count against your rental income.Now look at line 18.Line 18 is usually:(Value of your property) - (Land value) / 27.5 years.
Tod DuBois
Many leads but not bookings on Furnished Finder - to to resolve
14 January 2025 | 19 replies
After communicating with a prospective resident (Google Voice #, usually by text), with just a name, telephone number and email, the applicant can pay $55 to provide us with a background, eviction and credit check.
Ivan Castanon
I need to change strategies. What should I do?
30 January 2025 | 17 replies
Also, co-living situations or top performing short-term rentals can produce a pretty high cash on cash return but again they are pretty active with a high turnover of tenants and guests unless you find someone else to manage them and then you are usually paying a good portion of the profits to the manager.But let's say that you have a job and are not interested in fixing and flipping or a high turnover type of investment and you would rather be a more passive investor.
Zach Howard
Where and how can I learn in depth about subject to, wraps etc without the fluff etc?
12 January 2025 | 2 replies
I struggle with podcasts because they show a slice but not usually a start-to-finish how-to and you could invest countless hours (like I did) listening to many podcasts to piece things together.
Bryant Xavier
STR vacancy ideas
27 December 2024 | 8 replies
That way my ad never changes.I have normal pictures and description copied from my Vrbo ad.
Joel Oh
salt water hot tub
13 January 2025 | 23 replies
Usually on the “not” side if the tub gets heavy use.
Stephanie Medina
Is it a bad idea to convert this LTR into a STR?
26 January 2025 | 17 replies
Most plumbers have camera systems that can go 100's of feet usually and it is pretty easy.
Anita Z.
Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
The airfare, though, is usually 100% deductible even if you mix business with some pleasure.
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
Quote from @Conrado Balicusto: Quote from @Chris Seveney: @Ryan DaultonWe use it for private lending - because the tax benefits are lost with real estate When lending usually it’s taxed at ordinary income rates if using your own cash so using a sdira I prefer for lending and my w2 income savings for real estate to maximize tax efficiency Thank you for the insight on private lending and tax efficiency.
Joy Daniels
How Do You Stay on Top of Trends and Rules in Short-Term Rentals?
23 January 2025 | 11 replies
I definitely get most of my information here + my software email updates usually keep me pretty well informed.