Short-term rentals are booming right now and offer a great way to generate income quickly.The key is to take that first step, do your research, and believe in your ability to make it work.

BP it’s time for an AI generator.  

As long as you purchase at least as much as your net sale and use all of whatever proceeds are generated, you will defer all tax.

Is it by filing 1065 and generating K1's or is there more to it?

But I have many automations set up and have very detailed financial statements I generate every month so it definitely took me a few months to get the hang of it.

As a reminder, our rules require all content to be human generated, based on your own knowledge or experience.I'm shutting 'er down.

For example, you can get a 3 bed/2 bath SFH in a decent neighborhood for about 270-300k that can generate a rent of about 2000-2300/m.ThanksMohammad Parwez336-999-9086https://mohammadrealtor.com  People really invest 300k to make less then 6% net?

Acquired 1-bedroom rental property, generating 30%+ cash-on-cash return.

But then they look back and wish they would have kept it because it would still be generating income for them.

. - Even if it takes me 6 months to find a tenant at $25/sqft + NNNs, I would still generate more NOI in year 1 than on a multifamily property with similar square footage.