Keep in mind that hiring someone that setup the STR may impact your ability to take advantage of the tax benefits.

Although one property will have negative cash flow, the ability to reinvest could yield higher returns across the portfolio.

I wouldn't go for a condo, as the HOA fees and restrictions could affect your ability to rent it out, and the resale value will always be lower than a comparable SFR.

If you are a considerate buyer that demonstrates an ability to perform, off market deals will come to you through those people with whom you have developed good working relationships.

However, if having your own separate home is your main goal, buying a personal home first might be better, though it could limit your ability to buy an investment property soon after.

Once you convert to operating units in the REIT you can’t 1031 exchange anymore, but you may have the ability to sell your interest in small amounts to pay capital gains tax over time.

But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.

Originally posted by Patrick K:I agree as well, however I HATE my email client for my website and love using gmail, but I would never send an email from anything but my company account.If I could find a email client that is close to gmail or somehow mirror my company email account through gmail I would be a happy man.Gmail definetly has the ability to send/receive POP3 email from other domains.

The judge approved an order granting Adams more power, including the ability to subpoena and sue parties in an effort to recover assets for creditors.

And there was no chance in hell that my investors would not get their money back: I had confidence in my deals and my ability to manage contractors and enough of my own capital as a risk buffer.