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6 February 2025 | 7 replies
If it provides a nice return on investment and you plan to hold it for a long while, then it makes sense.
31 January 2025 | 6 replies
Do you need to provide proof of funds at the bid or are the actual funds due at the time you win bid?
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6 February 2025 | 13 replies
This can provide a better depreciation benefit than traditional STR real estate.If permanently affixed to land, it qualifies for real estate depreciation (27.5 years for residential properties).Considerations:Zoning laws and campground restrictions may impact legality.Self-employment tax risk arises if you provide substantial guest services.Vacation home rules apply if personal use exceeds 14 days or 10% of rental days, limiting deductions.Audit risk is high, so keep detailed records of participation, expenses, and rental operations.Given the potential tax benefits and complexities, consulting a real estate tax professional is advised to ensure compliance and maximize deductions.This post does not create a CPA-Client relationship.
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4 February 2025 | 4 replies
I am a part time agent and investor located in Leander, TX.
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3 February 2025 | 1 reply
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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9 February 2025 | 3 replies
Hi William, I'm a investor friendly agent and I also wholesale.
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27 January 2025 | 4 replies
I provide short term rental furnishing and renovation finish list that includes paint colors, light fixtures, cabinets etc.
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31 January 2025 | 7 replies
@Marc Zak Using an LLC for each property provides strong liability protection by isolating risks to individual assets, with income and expenses flowing through to your personal taxes on Schedule E.
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3 February 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2117035/small_1679332099-avatar-brucew127.jpg?twic=v1/output=image&v=2)
24 January 2025 | 5 replies
but they don't provide current rent, value, what they have capital wise, etc.