- Run a cost segregation study on this property in 2024 and you might have $100k on line 18...Without diving too deep on this post - If you run this scenario as a real estate professional while materially participating in the property, You'll be able to reduce your's and your spouses taxable income that year... 

A professional manager can find qualified tenants who respect your home and handle day-to-day issues.

Make sure your photos are professional, your description is engaging, and you’ve set competitive prices based on your local market.

You can determine if the cost segregation study makes sense by speaking with your accountant and many cost segregation professionals offer a free analysis.

Look for professionals who understand the unique needs of real estate investors.

DISCLOSURETHE FOLLOWING IS FOR INFORMATION ONLY, AS I AM NOT AN ATTORNEY, YOU SHOULD SEEK PROFESSIONAL LEGAL ADVICE.So what must you do?  

These are professionals with additional training and a stricter code of ethics.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Hello all,Has anyone sold a short term rental owned over a year  as a non real estate professional that qualified as short term capital gains tax deductions with expenses and depreciation?

However college kids or young professionals will most likely not care.In Danbury you have to look out for hidden gems.