Hi Yooni,I’ve been self-managing my 12 Detroit doors for the last 2.5 years, and while I’ve made it work, it’s been far from easy.

However, it wouldn’t affect investments made indirectly through a local company in Europe.That said, I believe it would still be possible to invest strategically to mitigate the impact of such regulations.

Long term rental What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

I made my calendar available for twelve months because OTAs tend to reward open and available calendars.

When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.

What made you interested in investing in this type of deal?

In my home market of Florida, our insurance rates have made it much harder to have positive cash flow on a CRE deal.

Can someone please explain how transactions are being made?

Hey my man, I'm also a relatively new real estate investor.