Depreciation is another powerful tool, allowing you to deduct a portion of your property’s value annually.Action Step: Keep detailed records of all expenses and consult a tax professional to ensure you’re claiming every deduction you’re entitled to.3.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I would be interested in connecting for the Washington team position for both purchasing agent and professional property management.

And the Professional plan is a great space for seasoned vets who need a robust system where their team can work through the entire acquisition process. 

Hello all,Has anyone sold a short term rental owned over a year  as a non real estate professional that qualified as short term capital gains tax deductions with expenses and depreciation?

My fiance and I are in a unique situation as I play baseball professionally, and she works online and plans to live with me during my season.

Use services that can validate the authenticity of documents and employment history.Require Detailed Applications: Ensure that the rental application captures comprehensive information, making it harder for fraudulent applicants to provide fake details.Conduct In-Person Interviews: Meeting applicants in person can provide additional insights into the authenticity of their application and allows you to ask follow-up questions based on the details they've provided.Utilize Professional Screening Services: Professional tenant screening services are invaluable for conducting background checks, credit checks, and criminal history checks.

Any guidance from experienced investors, real estate professionals, or anyone who has faced a similar situation would be greatly appreciated. 

Be professional, but also authentic and approachable.

His wedding venues in Dallas all shut down suddenly recently & left many couples out their deposits & venues!