The most reliable way is look at other STR's in the area and see what their nightly rates look like over the year and look at their occupancy rates. 

When it's sold it will be taxed as capital gains tax and may also have some unrecaptured depreciation which is capped at 25% and  recaptured depreciation as well which can be up to your ordinary income tax rate.

Here’s why this market is so ripe:1️⃣ Mom-and-Pop Sell-Offs at Huge DiscountsA lot of these properties have been in the same family for decades, but now the kids aren’t interested in taking over the business or the real estate.

Huge battery plant will create a lot of jobs and conveniently located at the end of the 406.

We at Aslan would be happy to help you through this process as well so feel free to reach out if there are any inquiries. 

Purchase price: $7,650,000 Cash invested: $1,200,000 We bought this property at under market rents and raised rents.

Depreciation lowers taxable income now but is subject to recapture at a maximum 25% rate when the property is sold.

Quote from @David Mancia: My Name is David Mancia, and at the end of last year I finally took the plunge and decided to contact RTR to buy my first out of state property, and I was contacted by Ms.

Jeremy Hicks at Guild Mortgage in Central Oregon Hi @Christina Tsutsui-Tharp!

- What should I be aware of when bidding at these auctions?