Quote from @James Wise: Quote from @Imdad Rahman: I've come across some online courses, particularly those by individuals like Tom Cruz and Section8Karim, who claim to provide valuable insights and strategies for successful Section 8 investing.

@Heidi Fischer To claim 2024 bonus depreciation (60%) for your STR, the property must be placed in service (ready and available for rent) by December 31, 2024.

I've seen people get dropped from carriers  and claims denied because they did not disclose that the use of the home changed.

If it could do it what it claims to do in a more streamlined and organized fashion, it could be decent. 

If you move into a property acquired through a 1031 exchange and make it your primary residence, you may qualify for the capital gains exclusion under Section 121 (up to $250K single/$500K married) if you live in the property for at least two of the last five years before selling.However, gains attributable to the time it was a rental property remain taxable (non-qualified use), and depreciation claimed during the rental period must be recaptured at a 25% tax rate.

And any time a journalist or anyone else claims to know, the first question I have for them is: "If you say that you have access to this accurate crystal ball, then why aren't YOU a billionaire?!"

If you were not in compliance with the sprinklers AND notified, the insurance co could deny your or anyone else's claim.

We have filed for eviction and the tenant has filed a law suit claiming false allegations.

He also claimed to tithe 10% to his church in Chattanooga - Silverdale Baptist Church.

I don't have functions where people go to a low or no fee seminar making wild claims and trying to suck them out of 40,000 or more ( talking in generalities not a specific company ).