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6 February 2025 | 3 replies
An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.
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5 February 2025 | 0 replies
Partner Driven saw the potential to generate a solid return with minimal risk, making it a perfect fit for our investment strategy.
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12 February 2025 | 27 replies
This company should not be going anymore they have completely wrecked so many people financially using their students and pawns for their own greed.
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18 January 2025 | 15 replies
I’m also in the process of launching a new home inspection company, which I’m confident will help me get back on track financially.
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20 January 2025 | 7 replies
I wholeheartedly believe in the end you will come out ahead, but you must be prepared to weather potential storms with the strain of limited to no cash flow, which can be challenging.
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24 January 2025 | 5 replies
What has your CPA / Financial advisor recommended?
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6 February 2025 | 13 replies
This can provide a better depreciation benefit than traditional STR real estate.If permanently affixed to land, it qualifies for real estate depreciation (27.5 years for residential properties).Considerations:Zoning laws and campground restrictions may impact legality.Self-employment tax risk arises if you provide substantial guest services.Vacation home rules apply if personal use exceeds 14 days or 10% of rental days, limiting deductions.Audit risk is high, so keep detailed records of participation, expenses, and rental operations.Given the potential tax benefits and complexities, consulting a real estate tax professional is advised to ensure compliance and maximize deductions.This post does not create a CPA-Client relationship.
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9 February 2025 | 10 replies
Also, be sure to factor in maintenance and potential CapEx, especially for older properties.
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29 January 2025 | 5 replies
More people moving to a city is more potential tenants.
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27 January 2025 | 29 replies
Potential for Over-RelianceWhile guidance is valuable, it’s important to maintain your independence as an investor.