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31 January 2025 | 10 replies
Hey Sean, Thanks so much every day is a day closer to it happening while covering the investment as much as i can.
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5 February 2025 | 5 replies
Piece of advice - when I started I wish I would have focused on my multifamily niche/expertise from day one vs trying to be the agent for everyone (flippers, STR buyers, land, etc).
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1 February 2025 | 56 replies
That day of reckoning is on the horizon.
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8 February 2025 | 7 replies
Those deals still exist, I see them every day.
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28 January 2025 | 27 replies
I met up with an investor from here back in the day and he told me to put animal cages in my rentals.
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29 January 2025 | 5 replies
It's been a few days; please pardon my delay in responding.
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6 February 2025 | 13 replies
This can provide a better depreciation benefit than traditional STR real estate.If permanently affixed to land, it qualifies for real estate depreciation (27.5 years for residential properties).Considerations:Zoning laws and campground restrictions may impact legality.Self-employment tax risk arises if you provide substantial guest services.Vacation home rules apply if personal use exceeds 14 days or 10% of rental days, limiting deductions.Audit risk is high, so keep detailed records of participation, expenses, and rental operations.Given the potential tax benefits and complexities, consulting a real estate tax professional is advised to ensure compliance and maximize deductions.This post does not create a CPA-Client relationship.
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25 January 2025 | 2 replies
If I were down there I would think about setting up a food truck or 10 or 20 and serving breakfast burritos 24 hours a day with some good hot coffee.Just my 2 cents.
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26 January 2025 | 7 replies
This day in age just a simple phone number exchange is how I do business.