Let me know if you want more info!

Quote from @Christian Gibbs: If you can't find long-term tenants in the winter, you even less likely to find short-term renters.

Is anyone doing this?

Here's an article with additional FAQs on cost segregation studies that you may find helpful.

I was wondering if there's is any information about this group and what it is they do... and if it's worth paying their membership fees There’s a couple of members on here that are a part of or have been part of lifestyles unlimited.

San Diego County vacancy rate surged to 6.36% in Spring 2024, up from 3.9% in Spring 2023.

I have a 4 unit in Columbus (4 1 bedroom units). 

Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were eligible for depreciation.In 2021, the bonus depreciation amount that you could take was 100%.This means that the owner could immediately deduct the full amount of eligible property in the year it was placed in service, rather than depreciating it over time.With that in mind, he took the full $347K deduction in his FIRST YEAR of ownership to offset taxable income from rentals.This was roughly ~20% of his purchase price.It was a big win for him.In 2024, the bonus depreciation rate is 60% so the calculation would be different.That said, you can still save and defer a ton.

That is the best site, super cost effective, for finding the best MTR guests.

hoping to learn from all you guys that already made it