I’m part of a real estate company specializing in cosmetic fix-and-flip projects, and we’re focusing on the San Antonio and Austin markets.

My projected ADR is around 175-190 on the conservative end but I plan to increase this in the coming months because I also host on VRBO and as we know guests tend to pay more on VRBO.

Those records not only helped with tax filing but also guided future projects by showing what provided the best ROI.

Here is a fresh example, and it actually came from another tax firm (not mine) specializing in real estate.Let me briefly tell you why I crossed out their pitch:Strategy 1: depends on your 2025 projected net income vs your 2024 net income, among many other factorsStrategy 2: can backfire amidst the uncertainty of future tax rules regarding bonus depreciation, and also ignores alternativesStrategy 3: no rush to do it before December 31stIf you decide to continue reading, I will give you a high-level overview of the most common EOY tax strategies, obviously without an actual discussion of each one.

Also would love to know from other members how much they spent on the last project and what is a good contigency to put on the final cost for a first timer.

Cash invested: $40,000 Sale price: $205,000 Strategic Market Pivot: From Long-Term Rental to High-Yield Fix and FlipThis property was strategically transitioned from a single-family long-term rental (LTR) into a fix-and-flip project after analyzing market trends and identifying a pivot that would yield better long-term returns.

They offered to provide projections or a pro-forma.

I'm having a hard time finding any estimating tools for this kind of a project, adding a story and multiple BR/1 BA, and wondered if there were any tools, sites or recommendations any of you have for this kind of a project. 

But this was a project.

I'm starting to hear more chatter about this mysterious "wave of foreclosures" that was a frequent claim/projection back in 2021, which didn't happen then, and by all indications is not going to happen now.