Still delays or below plan progress.

When considering a vacation rental property, it’s essential to have a backup plan and understand the numbers for annual leasing.

@Heather Bailey they will ask you what style of renting you plan to do.  

If purchasing new real estate as part of your reinvestment, a cost segregation study can maximize depreciation deductions, offsetting future taxable income.For effective planning, assess how the sale price is allocated between real estate, tangible assets, and goodwill, as this determines the tax treatment.

Simplify the structure as much as possible, have clear roles and responsibilities that are not overlapping (meaning only one person is allowed to make certain decisions) and a clearly defined exit plan.

NAR considered job growth, financing, renter who plan to purchase a home, migration to these metro markets, number of renters who are planning to buy as well as homeowners who plan to move.

The longest terms our plans provide to pay back the money is 5 years and the payments get made automatically through payroll deduction. 

Also, set clear expectations with tenants upfront so they know how to handle issues like maintenance requests.How do you plan on finding all your contractors?

It's definitely one of those issues that is very specific, and would need to be worked out with Planning.

I'm planning on flying over, just trying to gather info right now and trying to decide where to start.Have a great day!