Her work in this way again is not influenced at all by if it is an LLC in her name, your name, or both - it is based on actual hours worked.IF and AFTER you meet the above tests, you need to prove that you materially participate in your RENTAL trades or businesses, generally this is at least 500 hours per year, but there are other tests as well.If you qualify for all of the above, now you can use tax losses from rental real estate to offset W-2 income. 

You need to get a quote from a local handyman or contractor.Not sure about every state, but in the states where I invest - If you do the work yourself you can only deduct the cost of materials.

Well, I'll repost here what I originally did in response to the email from Vrbo that some people got saying Vrbo was giving a promotional discount to prospective guests, and hosts could opt out if they wished. 

I’m a real estate pro so material participation isn’t an issue, but the majority of my clients are in the $300k-$900k/yr gross household income range and so using STRs is not only the best way to get great ROI on real estate nowadays but the tax benefits are the primary driver for most including myself.  

I had to replace the fences after a strong storm last year, which costed $4200 in materials and labor.

Vancouver promotes water conservation, so including water-efficient fixtures could be a selling point.Remember, while these additions can add significant value, the exact ROI will depend on your local real estate submarket, the quality of the work, and how well the new spaces integrate with your existing home layout.Please reach out, I can help you with the funding of the project.Regards,Jackson

This suggests some volatility in the market.Investment Considerations- Long-term Potential: The presence of a dedicated economic development partnership and active city government suggests efforts to promote growth, which could benefit real estate investors in the long run.- Property Management: With companies like Champion Investments managing a large portfolio of properties in the area, there seems to be a robust infrastructure for property management, which could be beneficial for out-of-town investors.- Market Knowledge: Local real estate companies like RE/MAX Select, with their 18 full-time agents, indicate a strong local real estate community that could provide valuable market insights.In conclusion, Shelby's real estate market shows potential for investment, particularly given its price growth and strategic location.

@Scott TrenchCan you please let me know what getaway or expo BP has promoted, other than our annual conference in 2024?

They're trying to fix a problem that doesn't really exist.Just like practically all laws promoted as protecting the tenants, they end up hurting them.

Total cost materials only was approx 50k, that's 10+ years ago.