If a cost segregation study was performed, the accelerated depreciation may further reduce the property’s basis, potentially increasing taxable capital gains when sold.Depreciation recapture will occur when you sell the personal residence, so it’s essential to keep detailed records of all depreciation claimed while the property was used as a rental to ensure accurate tax reporting at that time.This post does not create a CPA-Client relationship.

It’s all about running the numbers and seeing what gives you the most flexibility and growth potential.

Old lists which are on the mentioned platforms practically guarantees saturation and others already having reached out and made offers/solutions because all your competitors are getting the same leads and at the same time.

I'm doing research for a potential Air BnB property in the Covington area.

I saw the potential to cash flow when the opportunity presented itself I jumped on it.

If you’re open to discussing potential deals or just networking, feel free to drop a comment or send me a message!

The income potential for STR How did you find this deal and how did you negotiate it?

Cash Payment: Decide whether you'll finance the purchase or pay in full.Future Resale Value: Factor in potential appreciation of the property.2.

Make sure to research lenders, get pre-approved, and calculate your potential ROI before bidding. 

Thanks for reaching out!