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. 

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.

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

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

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.

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

   $250K tax-free. 

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.

If the tenant breaks the lease for any reason, you may need to refund a portion of that money.