When I started selling my project in Canby we would have never guessed where pricing went to.. some of my clients in phase one have seen 200k appreciation in 2.5 years. and prices are holding firm ..

Right now I am in the study and evaluation phase and I may not need the TSP loan by the time I get to the first deal, but just trying to soak in the pro and cons of all options.Your feedback is definitely some strong food for thought on why it might be preferrable to avoid a TSP loan or keep it as a last resort when I am sure I can pay it back quickly.Thanks again for the thoughtful comment.Sincerely,Joe

Perform comprehensive due diligence, such as financial analysis, title searches, and inspections; also, go over lease agreements with renters to make sure they are aware of their rights and responsibilities.If all goes according to plan during the due diligence phase, close on the property, complete the financing, and get ready for the ownership transfer.

The company envisions expanding its asset tracking system to include furniture in rented properties introducing a phase of responsibility and transparency.

Without a full summary of the STR tax loophole for high W-2 wage earners, here is a link to the best explanation and summary I've come across and helped me digest the value of the benefit: HERE In short, the bonus depreciation rate was 100% in 2022, 80% in 2023 and is planned to be phased out to 60% this year. 

Next development phase is development of three units (two townhomes plus ADU).

Phase One of the development is about to be approved any day now, and sales contracts have already been signed for a number of these lots.

This allowance does have a phase out related to your income, so it would vary depending on you and your wife's specific circumstance.

I tried it with just one property to start and am now phasing all my properties to it as their leases expire this year and my contracts with my PMs run out.

What’s Changing About Depreciation for Short Term Rentals & Why it's the time to act NOW.Certain aspects of this strategy will phase-out over the next few years. 2022 was the last year of 100% bonus depreciation.