They also take the closest comparable rentals, so if it's far into beachwood or closer to highland hills/cleveland also will move the determination.  

Others specialize in buying rentals using traditional 20% down methods. 

Hey Damian, I will be running some off market campaigns for rental property in Pinellas county for deals similar to that criteria.

I sold my San Jose rentals years ago so not up to speed on eviction laws.

I'm seeking advice on a challenging situation with one of my rental properties, a condominium that was damaged in a fire incident.

The rest of the funds received will be considered a return on your cost basis and non-taxable as well.Thanks for the response Ben The house was never used as a rental, it was owner occupied by myself for the duration of the mortgage.

I get where you're coming from with the concern about the new casino's impact on short-term rentals (STR).

Help with vacation cabin rental info and resort partnership.

.- Converted to rental and depreciated it for 2 years.- Sold in 2023.- Purchase price: $250k- Sale price: $350k- Depreciation: $9k => Roughly ( ($250k*.50)/27.5yrs) *2yrs)- 2023 marginal bracket: 32%What is the proper taxation?

I would love to connect with people in Northern New Jersey that are utilizing the Medium Term Rental strategy locally; specifically furnished rooms that are being rented.