You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

This means the buyer cannot write it off immediately but may recover the cost through depreciation over time.To maximize tax deferral, sellers should consider negotiating a price reduction instead of a repair credit to avoid potential taxable boot (excess cash retained).

You think that in the event of a liability lawsuit, a landlord will be able to avoid notice of loss to their insurance by defending themselves with the coverage provided by the tenants renters insurance? 

@Johnny McKeonI'm not a CPA but my experience says, yes, you probably can.To avoid confusion it is helpful to separate out the concepts.REPS - Roughly, the requirements are minimum 750 hours active in real estate and those hours must exceed any hours in a non-real estate job.  

Fast forward to today,  we've helped many homeowners avoid foreclosure (free service) and also bought/hold/sold many off market properties.

You also could find a partner to do the operations so you can avoid the parts that stress you out.

Most of those STR-specific risks are avoidable. 

Are they going to start paying down that credit card debt, turn over a new leaf, and avoid bankruptcy for the next decade? 

Connecting with experienced investors or joining local real estate groups can provide valuable insights and help you avoid costly mistakes.