@Samantha Stephens my experience is the property is only available for those will OO to bid on during this period.

@Adam Czachor I’m having this problem for the past two weeks now and I don’t know why.

By then they are documenting what happened to someone versus what IS happening and how to help and stop it in the moment.

Hey @Tanya Maslach what about those two zip codes interest you for this use case?

This will be my first rental property and I want to do the right thing. 

I hear on podcasts about getting a title company on your team… what benefit does this give you?

Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were eligible for depreciation.In 2021, the bonus depreciation amount that you could take was 100%.This means that the owner could immediately deduct the full amount of eligible property in the year it was placed in service, rather than depreciating it over time.With that in mind, he took the full $347K deduction in his FIRST YEAR of ownership to offset taxable income from rentals.This was roughly ~20% of his purchase price.It was a big win for him.In 2024, the bonus depreciation rate is 60% so the calculation would be different.That said, you can still save and defer a ton.

There are lots of paid software programs that do this for you as well. 

Curious why did you find this a red flag?

Would love to network and see if I can help you if you’re considering any short term rentals as part of your investment strategy.