Quote from @Tony Schmucker: Quote from @Wale Lawal: @Tony SchmuckerFrom my experience of working with over 400 investors, your strategy to relocate, house hack, and transition properties to management is a strong, methodical approach.

We are not real estate professionals.1) How would you handle the classification of the property in the 2023 tax year and would you utilize a STR depreciation strategy?

That strategy actually makes your lead management team much more efficient because it outsources the mind-numbing tasks to the robots and lets the humans focus on what humans do best. 

There are a few strategies you might consider to accelerate things.One option is a cash-out refinance.

The trick is to know the market and have a solid strategy for your approach.

If either of those strategies sound exciting to you, you can reach out to someone like us once you have started investing to minimize your tax burden 

Over the years, I’ve learned that offering tiered returns can be a win-win strategy—it rewards investors for their level of commitment while helping us maintain flexibility in our business.

House hacking is a great strategy, especially in a market like Phoenix where rental demand is strong.

Have you read Start with Strategy by Dave Meyer?

Hi @Charlie Green, I am extremely interested in hearing more about this strategy.