While the IRS is closed for the “extended government holiday” I thought now would be a great time for everyone to brush up on how to file your Short Term Rental Income.

Thanks and Have a Great Holiday Season Everyone!

I was just at a REIA meeting at the Holiday Inn over on Harrison this week.

I visit sometimes as I have family there (dad still lives there).About a year ago I was in town with my wife over the Christmas holiday for a bit and decided to get out and investigate the same (out of state investing). 

Then you'll be at the holidays and buyers will slow down etc etc... and your carry costs will eat up that 10k and you're going to break even.But I do the buy/hold and 1031 thing... not flips so maybe I'm way off.

We go up for the holidays, and aspire to move there someday.

I know it is a slow season for rentals during the holidays.

Being the poor student I was, my share of the down payment came from my student loans (not the strategy I would suggest, but in hindsight was not a terrible idea with the low rate and payback holiday) and his portion from working on his parents farm growing up. 

Happy holidays!

:) Have a wonderful holiday.