After all, national active inventory is still 30% below where it was pre-pandemic.

2.Do you have to be a Real Estate Professional to take these deductions.3.Does a cost segregation analysis need to be done by a professional?

I didn't initiate the contact.Unfortunately several tax professionals do violate these clear rules.

They're the pros, after all, and they can offer tailored advice, ensuring you're not only correcting the mistake but also optimizing your tax situation.Good luck, and definitely consider getting professional advice to navigate this.

Partnering with groups with skill can often times lead to better results than one can achieve on their own when investing from a distance.

For example, leasing guidelines, make-ready scope of works and pre-approved budgets, procedures for dealing with late payments and evictions, etc.

There are a lot of ways to get into real estate depending on your skills, goals, and time.

run out and get a pre-paid credit card and/or a "normal" check card ASAP.  

I am looking to invest in more STR's this year with partners and scale the business.I am looking for a LP and GP deal structure where I am the GP that provides the labor and investment skill.

Nothing of that size but $225k of it is for a pre-fabricated Ohana so the actual “rehab” is going to be less.