Since your basis was incorrectly set, you may be able to deduct up to $25,000 in missed depreciation, potentially reducing your 2025 tax bill by $7,500 at a 30% tax rate.

.: Any idea how far south the potential for Santa Ana or similar winds goes?  

I want to be able to find potential markets/listings nationally based on the return. 

I ask because we only buy houses around the southern US (TX,OK,AR,TN) but we're curious to know if more opportunities to buy foreclosures could potentially exist in other markets. 

Regulations & Compliance: What's the best way to research local STR laws and avoid potential regulatory issues?

So we don't even have an approved inspection much less a lease with this potential tenant.

But this is really your first touchpoint with potential guests who are scrolling the endless options of airbnb, vrbo, etc.

She’s currently not paying rent, and while she has some health issues and no stable income, she’s been communicative and open to general talks, with a possible option to vacate through a cash-for-keys arrangement, though this might take around six weeks and some hard work.I plan to rehab the property and eventually rent it out, potentially to a Section 8 tenant.

@Iris Olivas Most local banks/credit unions can do this deal with lower fees and potentially rates than brokers.

does anyone know what this means and how this is going to affect the potential claims?