It's so bad they're actually rewarding off-peak travel to reduce the impact.

To answer your original rant about how the IRS is ridiculous to make you carry forward your original basis when converting it to a rental, think about it on the flip side of the equation.What if you had bought a primary residence at the peak of the market in 08 and incurred a massive loss due to the crash?

We may have reached the peak on acquisition prices.The majority of employers mentioned don't pay salaries like Twitter or SFDC.

I do not think this was a major strategy killer, but the house sat empty during peak rental time (Summer before school started) and is still vacant at a price above Proforma.Some Observations: Closing costs came out to be much higher than the proforma estimateTaxes were spot onProperty Mgmt. fee spot onThe vacancy is listed at 4%, even though PM says I takes an average of 45 days to rent, so it’s a broad average I’m assuming after tenant leases or across all their properties.They advertise 2-year leases during the tour and most turnkeys are rented prior to closing, not the case for my property, still vacantOne inquiry has come in for a family whose house burned down, but they want 3-month lease smack in the middle of winter for another renewal, not optimalNeither the marketing department nor PM inside Reedy was very proactive as far as communication.

With creative calendaring, he could probably get 30 nights a month during peak summer (July-August).

Great markets for us especially right now during peak season. 

We decided to use our primary home as an investment, and turn in into an Airbnb in September of 2021.We invested 30K total for furnishing and fixing up of pool and bathrooms and have consistently been able to make $4,500 in profit during peak seasons (Sept to March).

Focusing on the gulf coast (Fort Morgan, Gulf Shores, Orange Beach). same like any other real estate transaction, buy in november and sell between february-april, that's always the peak of RE activity before slowing down the rest of the year.

@Matt Hoyt From our data it took Tahoe, including Tahoe City, much longer to recover, but it had far fewer foreclosures per capita, and a much smaller price decline peak to bottom then most of SoCal.

but a ton of areas have come back and eclipsed those 2006 peak prices.