Ultimately, the impact on housing markets will depend not only on who wins but also on their ability to implement proposed policies and the broader economic environment during their term.Your Voice MattersThe future of America's housing market will be significantly influenced by the outcome of the 2024 election.

Often the less touristy places have better year round occupancy because there is a broader mix of reasons for people to visit, plus those towns are often short on hotel beds.

Here’s a breakdown to help you navigate your first deal, incorporating advanced strategies, including 1031 exchanges, to attract a broader range of investors.Neighborhood Recommendations: Chicago offers a diverse range of neighborhoods for different investment goals:Wicker Park & West Town: These areas are known for their strong rental demand among young professionals and offer good potential for cash flow.Lake View: Ideal for attracting tenants who want to be close to downtown while enjoying local amenities.The Loop: A prime location for high-income renters, making it an attractive option if you’re planning to house hack and generate a steady stream of rental income.Property Types: Opt for properties that align with your investment goals.

Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.

King of Prussia Mall will soon house Netflix House, offering escape rooms, live events, and more in an immersive experience set to open in late 2025.These entertainment-focused developments highlight a broader trend toward creating mall spaces that blend shopping, social activities, and community engagement.

Frisco and the broader North Texas area have incredible opportunities, and it sounds like you're already doing some great research on your options!

Even with some of the uncertainty in the broader economy, there are still pockets around the DFW metroplex that offer great opportunities for rental properties.

This along with high home prices in some markets like mine in Denver are making me take a broader look.

., payroll, invoicing for non-rental income), you might want to keep both.Ultimately, it depends on your specific needs:For property-specific accounting, Buildium is likely enough.For broader business finances, consider running both or consulting a CPA to see if Buildium covers all your requirements.

It's great that you're considering your options for attracting a broader range of tenants!