Working on building my team around me and trying to decide if a RE focused CPA is needed for "Tax Strategy" at this point. 

It’s also important to keep track of personal versus rental days, as too much personal use can disqualify the property as a rental for tax purposes.

Meanwhile, the U.S. needs 145,000-200,000 new jobs each month to keep up with population growth, spurred by increased immigration.ConclusionWhile job market momentum has slowed, it's not breaking.

And in condos, you can't differentiate so much with the other units in terms of amenities you offer.3) Regulations: first zoning need to allow STR, then the second step (if condo), is the HOA.

They will just use the market rents form the appraiser and you will need to have reserves 6-12 months.

Hi folks, this has been all over the news and social media so I hope it's not a surprise to anyone but I just wanted to cover all the bases.Due to legislation spearheaded by the RI attorney general earlier this year, there is a new RI rental registry in place that requires all rental unit owners (even short term rentals) to register every rental property and rental unit in the state of RI, by October 1, 2024.The website is www.rentalregistry.ri.gov and you will also need to upload a current lead certificate ("Certificate of Lead Conformance") for each rental unit.The demand is so high that lead inspectors are currently booked out into November and December, so I hope you already have lead paint certs for all your units.

I think all the cast-iron piping would need to be replaced. 

There's not going to be 100% compliance by the associations for reporting and there will continue to be distressed situations that come up where people need out.

The only way to avoid them is to put more money down or you need a lender that offers their own product. 

Now that I'm thinking about this, I need to call them back myself and get a full understanding for my own situation!