Purchase price: $465,000 Cash invested: $58,000 I bought this property as an FHA House Hack.

As long as the new house meets all of the town's zoning requirements, he said that we could indeed build a second house on the lot and it would be treated essentially as a condo.

I now currently own 6 Vacation rentals across 3 states, 1 long term rental, and manage other Vacation Rentals through my business, Lubbock Complete Bnb.

As long as the amount of segregated 1245 property in the replacement property is fundamentally equivalent in amount and nature to that of the relinquished property.

Purchase price: $150,000 Cash invested: $20,000 Sale price: $260,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Jason Arguelles, bought a property on Elysian Fields Ave, New Orleans, LA, on 10/26/2023 for $150,000.

Then there's other factors to success especially in a heavy lift like this, some of the most important in my opinion are Being on site regularly to manage the contracting processHaving a lot of cash reserves - 'a lot' imo would depend on how thorough your current bids are and how old the property isYou mentioned it's bleeding cash now, whatever your timeline is for the property bleeding I'd double it and see if it still makes sense. 

I am looking to invest about $100,000 on a down payment for a long term rental, but running the numbers on a few different property types I just don't see how it currently pencils out to positive cash flow.

My understanding is bonus depreciation is not prorated therefore as long as we rent the home before Dec. 31 of this year it would fully qualify.

Does anyone have any experience working with Dan Housing or CRS (Catastrophic Response Services) for Medium Term Rentals?

Depending on the cause of the taxes it could be offset with write off's, deductions, carry overs, etc.You could always take out a loan through a cash out refinance to pay off or down the lien.