And if so, just that "-4" means they shortened the stay by four nights and "30" means they extended the stay by 30 days?

Poor management of contractors, permit delays, or running out of funds can extend the rehab timeline, costing you money.

However, this is a difficult qualification to meet, especially if you have a full-time job outside of real estate.Don’t worry if you aren’t able to qualify for REPS status, because there is another strategy that is referred to as a “loophole”, which is the STR strategy.Per Section 1.469-1T(e)(3)(ii)(A): there are six exceptions where your rental property income is not automatically considered to be “rental activity” and thus may unlock the door for being able to offset these losses against your active income.The average customer use is seven days or less.The average customer use is 30 days or less and significant personal services were provided (for example, daily housekeeping).Extraordinary personal services are provided, regardless of the duration of customer use.The rental is incidental to a non-rental activity.The property is available during defined business hours for non-exclusive use by various customers.The property is used in an activity conducted by an S Corporation, partnership or joint venture in which the taxpayer holds an interest.If your property qualifies by meeting one of the exceptions above, the next step is to demonstrate material participation in the rental activity.

Such as extended periods of vacancy between semesters...I have a MTR that is close to a university campus and my current tenants are students, but they also passed all the usual tenant screening in the same way that I've rented to other mid-term tenants in the past.

With the necessity to disclose repairs and renovations by contractor information, flippers will face added time and complexity in sourcing quotes from licensed contractors, extending the escrow process.

You'll want to collect research that goes far beyond the documents and reports provided by the sponsor.I'd work my way down this list when looking at the buildings: Specific to the properties: Acquisition Costs, Environmental Reports, Appraisals, Property Condition Reports, InspectionsBecause these are likely commercial properties, much of the value is connected to the tenant, so evaluating the tenant becomes crucial: Conditions of Leases (duration, escalations, extensions), Balance Sheets, Competitors, Historical Performances, Credit Scores, Macro TrendsLocal market factors that you are used to pulling: population density, population growth, unit type inventory and growth (multifamily), median income, etc...Financing terms: interest rate, principle paydown plan, cash sweep options...Offering model: management plan, operations, asset management, exit strategy.Sponsor track record: Every sponsor has a list of the previous offerings within the PPM.

In the H.R. 3936, Built in America Act, it was proposed to extend the 100% bonus depreciation until January 1, 2027.

The maximum duration of commercial loans is 15 years.

Hi all,Was just in Michigan for an extended stay and was wondering if anyone had any thoughts on the Detroit and the surrounding cities for possible long-term rentals or flips?

The problems can manifest over time or can suddenly & disastrously make themselves known.You may be able to extend the life of the existing (repaired) roof with a service called Roof Maxx.