Tyler Kesling
Two for One
31 October 2024 | 10 replies
I'm keeping my eye out of a 4plex to help reduce my, probably unreasonable, fear of vacancy risk but keeping my options open just to get started so a 2 for got my attention.
Julio Gonzalez
Cost Segregation Study on Small Residential Condo
29 October 2024 | 0 replies
It includes energy efficient appliances as well as a gas fireplace in the living space.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.
Yogev Lifchin
Off-Market Google Ads Tip - Bad Google Ad Landing Page Experience - pt 1
29 October 2024 | 0 replies
This alone can dramatically reduce the page’s conversion rate.To make matters worse, the same issue persists on mobile devices.Conclusion: Don’t make it difficult for your visitors to leave their contact information.
Brian Dolbeare
Determining accurate rent projections for deal analysis...
29 October 2024 | 11 replies
If I'm not getting many inquiries I reduce price aggressively.
Greg O'Brien
Clearing Up Confusion on Tax Treatment of Short Term Rentals
1 November 2024 | 48 replies
Thank you so much @Greg O'Brien, I just bookmarked this thread, I stayed up until 2am last night trying to find answers to this, confused by different professional opinions and IRS publications.I'm trying to use STRs (rented out 7 days or less with no substantial services provided in which I materially participate) to reduce my W2 liabilities and my biggest concern was if doing this will trigger Self Employment taxes.If I understood correctly, in this situation I can use depreciation losses as active against other active income (which is what I want).
Alicia Kuluris
Partnership After All the Work is Done and Home is Making a profit
2 November 2024 | 22 replies
The current owner reduces their risk.
Devin Voelker
Is it to much?
29 October 2024 | 5 replies
Having a plan to reduce the price or offer incentives can help get tenants in there faster, which is key to keeping your cash flow steady.Overall, you’re in a good spot with that ADU, and with a bit of flexibility in your strategy, you’ll have options that can really work for you in both the short and long term.
Will Sherman
Anyone have a lease that includes periodic use of property by landlord ?
29 October 2024 | 5 replies
Since you will not be renting the unit the entire year, I believe this will affect your taxes by reducing your deductions.
Julio Gonzalez
The Short- Term Rental Loophole Explained
31 October 2024 | 11 replies
By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.
Dina Schmid
Negotiations When Purchasing Existing STR
1 November 2024 | 19 replies
Offer a reduced price commensurate with the big repairs and call it a day.