No—LTR PALs can only offset passive income, so an STR’s non-passive losses won’t absorb them.Cost seg studies and bonus depreciation depend on each person’s tax situation; they’re not only useful for REPS.

Study up.

Good morning John, Thank you for Having me and welcoming me.I have been studying those strategies and i love to work in Buy and hold, and short term rentalsRight now i am starting out and dont have the cash to fund my own investment so am currently looking for partnership, taking a role in property management or sweat Equity until i have a foot on the groundI Would love to here your thoughts and advices you have for meThank you for replying, means alot 

Are they handling most of the interior design and finish selection, i.e. picking out the white oak flooring and designing the custom built-ins in the study?

What should I study in detail?

#2 - Larger 5-bedroom renovation into a sweet rental home Before Pictures (Zillow Link)After Pictures (Airbnb Link)These investors took something that was very boring and extremely residential-looking and transformed it into a cozy retreat for travelers with highlights being adding wood paneling, kitchen renovation, new furniture throughout, beautiful outdoor space with added hot tub and fire pit spaces for guests to hangout and an exciting game room space to occupy guests for hours. 

Have you considered a cost segregation study on your property? 

The original author of the Cost Segregation Studies guidelines in 2004 and its recent update in 2022 is the managing partner for my firm.

Lots of us boring lenders on BP, but I'm sure you can build a great team haha

Miami Real Estate Market: September’s Shifts and Surprises (My latest Study Blog)September brought some intriguing shifts to Miami’s real estate scene—especially in single-family homes, townhomes, and condos.