Play with a BP rental calculator to simulate. 

Hello,I recently had an idea for adding a golf simulator in a room as an added amenity.

Many things listed would be considered significant services and would have you losing much of your tax deductions.I know of a couple of STR owners who had to eat a big tax bill due to this and they had to nix those sorts of offerings.That doesn't mean you can't create the wellness space, golf simulator, upscale game room, etc to enhance the space.

I have been thinking and simulating all tax rules/investment alternatives related to property sales and 1031 ;  nothing beats the IRS tax code that allows $500k tax-free for rental/primary residence conversion.

No matter how much time and money was spent on renovation, trying to simulate heavy use of the mechanical systems as a result of the occupancy by a family was different.

Watch the auctions for a month or two (do some simulations for practice) before you actually bid.Otherwise you will likely run home with your tail between your legs.

Is there a simulator somewhere that can help me estimate what my AGI will be to try to figure out how much I can liquidate?

can be overwhelming because they include things like a "Monte Carlo Simulation" or "Sensitivity Analyses"... just get a grasp of the fundamentals like cap rates etc. and go from there.3.

Are there any programs that simulate the process?

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