Why would any landlord list their properties for LESS than what the government is willing to pay?

@Jim Reynante Appleton is a good place to invest!

Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were eligible for depreciation.In 2021, the bonus depreciation amount that you could take was 100%.This means that the owner could immediately deduct the full amount of eligible property in the year it was placed in service, rather than depreciating it over time.With that in mind, he took the full $347K deduction in his FIRST YEAR of ownership to offset taxable income from rentals.This was roughly ~20% of his purchase price.It was a big win for him.In 2024, the bonus depreciation rate is 60% so the calculation would be different.That said, you can still save and defer a ton.

The CTA is reinstated, and we are back to being required to register.

If you have a back door, please by all means let me know how to use it!

I've reached out to my local group for recommendations on where to go from here.

I'm looking towards house hacking my way to least 10 properties is the goal Not at all, it's smart, but you still want to be careful because you don't know what you don't know.

Quote from @Michael Zimeri: Hi Marise,This is Michael from Coldwell Banker UAE.I have been in the BiggerPockets community for a few weeks now and from what I have seen is that this community and tools are mostly oriented towards the US market.Regarding analysis for Dubai, I would more than gladly guide you through the Dubai market if you wish!

Look at what similar homes are selling for that are rentals as well and what they're renting for in the neighborhood.

EXCELLENT response to the question.