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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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25 February 2025 | 0 replies
Remember, it’s been just 30 days since they started. - The Fed can use its balance sheet to affect mortgage rates.
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24 February 2025 | 11 replies
We’re not just buying properties; we’re creating them—tailored multifamily projects that meet local demand and deliver cash flow from day one.
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8 February 2025 | 15 replies
I can probably give you another dozen questions.Is 75 days a long time for a quad in your area to be on the market?
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13 February 2025 | 18 replies
If rent is due on the 1st and late by the 5th, apply the late fee on the 6th and serve a 3-day notice immediately.
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7 February 2025 | 6 replies
You need 6" clear from ground to bottom plate, and ground must slope away from house...5) Any place that water can enter the house (doors and windows, skylights, where roof meets eaves, etc...) should be checked thoroughly, if it's not raining on inspection day, you have to be really careful with this...any suspect areas, put a hose on them....
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11 February 2025 | 20 replies
I've close purchase bridge loans with them in under 7 days without much effort on my part.
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23 February 2025 | 10 replies
At the end of the day, cashflow is what ends up in your pocket.
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2 February 2025 | 15 replies
I was laid off by a big PM company and prior to being hired by that company I had already made it a goal to open my own some day.
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10 February 2025 | 4 replies
A solid CRM helps track conversations and follow-ups, but at the end of the day, nothing replaces genuine, meaningful interactions.