These are expenses incurred before your business is active, and they typically aren’t immediately deductible in full, as they are considered part of starting the business rather than ongoing operational costs.To provide more detail, according to IRS rules (as seen in the screenshot), you can deduct the lesser of $5,000 or your total startup expenditures.

You are highly respected on this forum and your reply is very much appreciated.

Additionally, consider exploring hard money lenders, as they often offer flexible options for tapping into land equity, although they come with higher interest rates and shorter terms.Another option is reaching out to land-specific lenders or specialty loan providers who may offer land equity loans.

One platform I highly recommend is Baselane.

Hello All, I am new here and was trying to check if anyone can provide the tools I need to find the best market and also any other suggestions are welcome.

Second, **flexible terms** and clear communication about rates, fees, and loan-to-value (LTV) ratios are essential to avoid surprises.

I haven’t heard great things about Guesty for Pros, and I wasn’t impressed when I did a demo with them either.I use Hostaway now however and highly recommend them.

This question is asked a lot and there's a ton of value by just reading those previous conversations.In short, there are pros and cons to the program, all of which are well documented on the forums.

It helps to start by picking one or two markets to research in depth, especially those that offer good value for your capital or align with your goals.For resources, I’d suggest diving into books like Rich Dad Poor Dad to build a solid real estate mindset, and maybe explore podcasts or online forums where real estate investors share experiences.

How did you add value to the deal?