You’re all set just the way it is.

We keep half the house for our use year round but rent the other half out all year long.  2024 tax year will be the first year we depreciate the asset.  

I like to keep things as simple as possible, but I was excited to dig into this one because knowledge is power, and the better we understand these things, the more we can use them to our advantage in real estate.So here’s what’s happening—your CPA is basically saying you’re already showing a loss on your taxes because of all the expenses that came with closing, insurance, HOA fees, etc.

Not a dumb question at all, but getting a $100K loan with no track record is difficult.

All real estate activities you engage in ad a licensee are subject to your broker supervision, and fall under the regulatory rules of your state's real estate commission or department of licensure.

I personally will go all in up to 85% ARV - this give me 15% equity capture at the buy. 

This is very non traditional in the short term rental space, as all stays are paid in advance.

As an investor friendly real estate agent in Sacramento California, I have been encouraged by my amazing real estate broker, Noah Laker, to join in the conversations you all are having about real estate investing.I feel very lucky to have joined the team here at Hardin Realty & Property Management in Sacramento and all the excitement real estate has to offer.

A few other comments;For Philly: It's best practice to include the required documents in the final lease packet and have the tenant sign or initial all to prove receipt.

When researching comps for ARV consideration I was looking at townhomes that sold individually, but shared a wall with a neighboring townhome, all under the same roof.