You’ve come to the right place to connect with some vary smart investors.

Just make sure you run your numbers well and that it make sense, not just because it "looks nice", be smart, investing is a marathon, not a sprint!

I would at least let 1 or 2 bookings happen or your next unit to add in a new piece of technology. 

Buying an investment property in Las Vegas @Josh Salapare could be a smart move, especially if you’re set on moving there in a couple of years.

Smart man Russell.. 

The fact that you’re being cautious and analyzing strategies is actually a good thing—it’s all about making smart, informed decisions.

Smart move leveraging hard and private money for flexibility, and congrats on the above-listing price escrow—shows strong demand for a well-renovated property!

Tile in bathrooms is always a smart move. 

This is most of the depreciation you are taking year one.You can calculate your depreciation recapture by taking the sale price of the asset and subtracting the adjusted cost basis.The adjusted cost basis is what you paid for the asset plus any improvements you made along the way minus the depreciation you took along the way.The profit above this original cost is taxed as a capital gain, but the part linked to depreciation is taxed at a maximum rate of 25% under the unrecaptured gains of section 1250.To recap the tax rates are:- Sec. 1250 real property: 25%- Sec. 1245 property and 15 year 1250 property: Ordinary Tax RatesThere are ways to minimize depreciation recapture especially if you know how to work smart with your CPA.1) Asset Valuation at Time of Sale - Sellers can minimize recapture by reallocating the price of the assets on sale.

You’ve come to the right place to connect with some vary smart investors.