I am the co-host of a tax planning and strategy podcast.

Setting up a separate bank account is also easy and free in many situations, this will allow you to keep things clean especially at tax time.

In CA, you need to pay the entitlement fees, gas tax fees, neighbor nuisance fees, walking fees, gas guzzler fees, street crossing turtle fees, and others I can't think of at the moment FIRST, and THEN you can apply for the permit to pull the actual permit. 

If you buy a property, what will the payment be after property taxes adjusted (also including insurance)?

What are the taxes like for 60-100k houses in Detroit annually?

I have heard from some people, but have not gotten a definitive answer, that going through a deconversion process can substantially lower the yearly property taxes for the property.

As property values go up, investors can make a nice, tax free return on borrowed money.

I meet all the criteria for material participation and average stay under 7 days so I would be looking at a nice tax deduction against my W2 income.

Hello BP Family,I'm looking for some guidelines on doing STR mainly to help with tax-loss harvesting.

Keep in mind you have to pay taxes on that income as well it doesn't automatically come out. 3) I think as a macro market if rates actually do come down we will see another surge in spring/summer and strong market pricing.