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6 February 2025 | 13 replies
This can provide a better depreciation benefit than traditional STR real estate.If permanently affixed to land, it qualifies for real estate depreciation (27.5 years for residential properties).Considerations:Zoning laws and campground restrictions may impact legality.Self-employment tax risk arises if you provide substantial guest services.Vacation home rules apply if personal use exceeds 14 days or 10% of rental days, limiting deductions.Audit risk is high, so keep detailed records of participation, expenses, and rental operations.Given the potential tax benefits and complexities, consulting a real estate tax professional is advised to ensure compliance and maximize deductions.This post does not create a CPA-Client relationship.
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15 February 2025 | 5 replies
Specialty is in foreign national financing so I'd be happy to provide insight and run some numbers for you once you've narrowed down your options.
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5 February 2025 | 3 replies
Hey @Dan WardWould love to give you some advice , those are my primary markets as an investor and agent helping others.
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3 February 2025 | 32 replies
While cash flow may be lower upfront, your income will grow over time, and the property’s appreciation will provide the equity needed to scale your portfolio faster.
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7 February 2025 | 22 replies
Agents can quickly run comps so that would be helpful for you.
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20 January 2025 | 1 reply
The spacious primary suite features a private full bath with double vanity, while the flexible layout provides options for bedrooms, an office, or hobby spaces.
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17 February 2025 | 10 replies
In early Dec I offered to a few (4 or 5) newbies to provide financials and show them the last of the work.
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30 January 2025 | 4 replies
Unless there is an emergency situation, take a lot of photos and call your insurance agent before doing any repairs.
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4 February 2025 | 6 replies
Do you have recommendation on Agent who can do this?