Hello all, My family and I are considering a move to Dallas, and I’m hoping to connect with real estate investors who are actively running a flipping, BRRR, or development business.

This massive project, which has already seen a $3.7 billion investment, remains one of the most significant economic development initiatives in central Ohio.

The development team for the Point in Draper just came to our office to give us a rundown of what is planned. 

Neighbors will complain, people will name you in potential lawsuits and you may develop this reputation of being the S.O. landlord.

High-end furniture, premium mattresses, and a full kitchen setup can increase costs, but prioritizing durability and guest comfort—such as a high-quality king bed, sturdy sofa, and reliable appliances—can enhance the guest experience and drive better reviews.From a tax perspective, furnishings and appliances are depreciable assets, but how you deduct them depends on cost and timing:Items under $2,500 per unit can be expensed immediately under the de minimis safe harbor election (timing of when placed in service may result in the need to capitalize).Larger purchases above $2,500 typically must be depreciated over 5 or 7 years using MACRS.Bonus depreciation (60% in 2024, 40% in 2025) allows accelerated write-offs for qualifying property, including furniture and appliances.Section 179 may allow immediate deductions for certain furnishings, but eligibility depends on taxable income.Since you plan to materially participate in 2025, STR losses may offset W-2 or other active income.

And, if the taxpayer is wrong and there would be no person who would ever lease a project under construction (which I doubt) at least the timing adjustment goes the safe way for the taxpayer.

In San Francisco, SB-423 eliminates the 311-neighborhood notification requirement for projects with 2 or more units, removing a major limitation for developers.

It probably needs to be addressed to keep the house safe to inhabit long term even if we keep it as a rental.  

Adding a single small unit is very expensive development.  

We’ve found that local governments are often eager for development but don’t always have the resources or experience to streamline the process.Also, curious—are you seeing more build-to-rent developments popping up in these areas, or is it still mostly single-family?