Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
If you did a cost segregation study on the property in the past, you may have to recapture the depreciation taken in the past.capital gain tax rates are 0, 15 or 20%There is also a potential 3.8% Net Investment Income Tax.Also, don't forget state income taxes depending on what state the property is located or your state of residency.Best of luck!
Tyran Block
new member glad to be here
8 February 2025 | 3 replies
The best strategy really depends on your goals, risk tolerance, and your market conditions.
Jonathan Jackson
Multi-family investing in Dallas-Fort Worth
4 February 2025 | 5 replies
Just depends on what your goals are though.
Preet Oberoi
Tax benefit of STR/Tiny home - Will it work ?
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.
Pegah Ghannadian
New Tenant not finding Renter's Insurance after Jan. fires. What should Landlord do?
24 January 2025 | 3 replies
Ive asked them to provide Renter's Insurance.
Daniel Carrillo
Things cost more...but how much more?
3 February 2025 | 0 replies
As we continue to stabilize supply chains, seasonal and historical patterns can provide insights for executing your next project, ensuring you factor in risk and stay within budget.Question: What are your thoughts on adjusting to the "new normal", how will investors manage increasing costs with many forecasting stagnant appreciation for the coming years?
Rene Hosman
Have you ever moved your HSA to get better investment options?
31 January 2025 | 12 replies
If you like the idea of a self-directed HSA like @Kaaren Hall mentioned check out providers like Accuplan and IRA Financial Trust.
Kyle Carter
New company in area
9 January 2025 | 4 replies
Depending on the salaries of the new jobs they may also price out the local residents on new home sales which would further drive up the price.
Jonathan Sanchez
Pricing Strategy - What is your approach?
16 January 2025 | 13 replies
Hey @Jonathan Sanchez, a lot will depend on your area.If you are buying in a saturated area with lots of competition, then using an aggregator like Pricelabs to help make your pricing accurate is handy.If you are in an area that has less, then simply looking at nearby properties that are similar to yours on VRBO and AirBNB.
Grant Shipman
5 Reasons Co-Living is King for Real Estate Investors
29 January 2025 | 0 replies
Shared housing provides affordable, flexible rental options for young professionals, remote workers, and students.As shown above, co-living properties have more demand than traditional two-bedroom units and appeal to a wider tenant base.2.