Probably not much of a change due to Trump.

It links to our business bank account and our business credit card so come tax time, deductions should be easier.

Quote from @Andrew Slezak: During my due diligence should I call property management and HABD to see why the rent is set to where it’s at?

Had to negotiate to 999,000 only to stay under the NYC luxury tax.

Besides lists from the tax assessor, how are you finding your deals?  

Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success! 

At the same time, someone else reduces your debt, and you get to use the tax code to improve your tax situation legally.  

We just had one, and we got the deal, due to that as well. 

I’ve invested with both wellings and sunrise   Wellings invests in other peoples funds   They do the due diligence on various operators and invest in only the best ones. 

I love it here because there are still positive cashflowing deals and lots of appreciation potential due to the strong job market, growing population, and major companies setting up shop here like Intel, Meta, Amazon, etc.