Wyoming is a fossil fuel state, and we still make 22% of our electricity from wind and solar.https://yaleclimateconnections.org/2023/02/us-state-with-most-renewable-energy-production/#:~:text=Texas%20produces%20the%20most%20renewable,of%20electricity%20from%20fossil%20fuels.

No, @Robby Sanchez, you are not thinking about it correctly, and my overly enthusiastic colleagues are fueling you with false hopes.1.

Rental rates are coming down due to some excess inventory.

The obvious thing to do is to sell and take the tax free gains, then any excess gains are passive and can be offset by creating passive losses via investing in more real estate and doing cost segregations.

I should add so many agents here, are gonna tell you this ******** about renting being a waste, but it’s literally cheaper by in some cases thousands a month when factoring in repairs, you can put excess savings into index funds etc. every single friend I have all of whom are pretty fiscally savvy have made the same calculation, I even have a good friend who is trying to sell his condo to rent because his monthly expenses will decrease when he sells his condo & he can be in a better area.

Furthermore, only the “excess basis” of property acquired after Sept. 27, 2017, through a Sec. 1031 exchange qualifies for bonus depreciation.

Ashcroft can offer slimmer returns and still have excess demand for their offerings because of... brand.

In short, if you're not renting every week of July-August and every weekend of the winter, you're taking losses, particularly given the ridiculous prices I'm seeing new investors pay farther north in vacation areas like North Conway or the White Mountains.And looking solely at North Conway's recent court case is a red herring: plenty of small towns around the NH continue to enact knee-jerk reactions and excessive permitting/regulations as a reaction to STRs assumed role raising housing prices and shrinking supply for local residents.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.