Cost segregation is not just a short-term relief from taxes, it can be a powerful tool used to optimize your portfolio.WHAT IS A COST SEGREGATION STUDY?

Hi community,I'm planning to house hack in Richmond or Fredericksburg/Spotsylvania and am considering renting by the room using short-term, mid-term, or long-term strategies.

If they continue to smoke in the apartment, you have grounds to file for eviction due to them breaking the terms of the lease.

I just did a rough calculation, and for me, I'm looking at a 30%+ annualized return on my cash doing fix and flips, so If I put $1mm total into flips (that includes acquisition, rehab, holding costs, etc.), I'm netting over $300K for the year.

The investor should consider what his long-term strategy is - are you going to live there for 5 years then sell, for instance?

I’ve sold 13 properties on terms.

-MERS has nothing to do with any quit claim deeds, it’s simply a mtg holding type service      -the seller is definitely delusional, I’ve dealt with these people before…he will cause issues at some point

My current primary ( scenario 1) Keep the primary for the life of the loan ( current rate is 4.5 so i dont see my self refinancing anytime soon)current home value 1,150,000Loan amount 935,000appreciation estimate 5% per year after a 28 year hold and the house is paid off I would have a house worth 4,312,000$my current mortgage is 6125$ ( piti) included My second option( scenario 2) Sell the house, walk away with $150 ,000 ish in hand and put that into a low cost index fund Rent a house elsewhere for about 3000$ ish and take the extra 3000$ im saving everymonths from not having to pay my mortgage and puting that money in the index fund as well I ran the numbers on both of these scenarios and doing what I mentioned above would break even at about 28 years meaning my stock account would be worth 4.3 million just like my house would , but the only is that holding a house for 28 year would mean 28 years of property taxes, loan interest ,home insurance and repairs etc whick I calculated to be about 1,200,000$ at minimum which raised my eyebrows to say the least Also i understand that each of these options ( stock market vs real estate ) will have there tax consequences ( long term capital gains) so any thoughts on that would be appreciated as well.  

People will always have issue with shared amenities in a short term rental house.

You might also be a good candidate for a small boutique hotel, an operator looking to retire will often entertain seller financing on fair terms and you could likely qualify for a SBA loan to help with your vision.