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19 February 2025 | 4 replies
and also like what I do Utilize as STRs: You furnish and list these properties as short-term rentals (STRs) on platforms like Booking.com or Airbnb.Generate Cash Flow: The higher rental income from STRs, compared to long-term rentals, allows you to cover your mortgage/lease payments, generate positive cash flow, and potentially have funds left over for further investments.Positive Cash Flow: STRs often generate higher rental income than long-term rentals, allowing you to cover your costs and potentially profit.Tax Advantages: You can often deduct expenses related to your STR business, such as mortgage interest, property taxes, and maintenance costs.
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23 January 2025 | 16 replies
@Nichole StohlerI find using a SDIRA to be a great tool for passive investments and growing your retirement with less stress than the stock market roller coaster.
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31 January 2025 | 12 replies
2) The minimum hours required are 750 hrs, but if running a short term rental, 100 hrs is supposed to be adequate, is that still true ?
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11 February 2025 | 0 replies
Anyone can do it just like anyone can flip a house or run a short-term rental.
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11 February 2025 | 10 replies
@Paige Gardner HM is a great way to get started however understand that it is SHORT TERM FINANCING 6-18 months.
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6 February 2025 | 5 replies
Quote from @Ben Trageser: If you live in your short-term rental (STR) property in a future year after claiming depreciation, depreciation recapture does not occur immediately.
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21 January 2025 | 0 replies
The national western stock show is going on now through 1/26 so you still have time 😅Whether you go for the food, shopping, rodeo viewing, pony rides, dog shows, or the intense bull riding…there really is something for everyone.
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31 January 2025 | 3 replies
Are you familiar with Creative Financing such as Subject To (SubTo), SubTail, WRAPS, Short Term Lending, and Bridge loans?
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18 February 2025 | 8 replies
But house hacking, short/long term rentals, new build/ mixed use developments and live in flips all have my attention right now.