I do typically pick up at least a few clients each year who have use 1800Accountants in the past. 

Anyone here in the Dothan, AL area?

(The 2% Rule says that the gross monthly rents should be 2% of the purchase price.)

Ask yourself the two questions above and you will come to the conclusion that is best for YOU.

The land represents ~1% of the purchaseOn the contrary - if you purchase a $2 MM shack in manhattan on a postage stamp lot, the land could represent 99%Lever 2 - % of the property with a shorter useful life.Not all parts of a piece of real estate are depreciated at the same speed.Certain personal property assets have SHORTER lifespans in the eyes of the IRS vs the standard 27.5/39 year livesProperties with tons of this often have:- Over-developed land sites (hardscaping, pools, retaining walls)- Fancy Fixtures- Fancy Furniture (STRs!)

Let's say total equity raise is $1.7MM and the LP's are not guarantors in the value add deal.

Hey Everyone,I’m currently gathering feedback from STR hosts to better understand the challenges and opportunities you face when using short-term rental platforms.

My reason for the post is I am having trouble find deals whether it be Market or off Market.

@Casey L Klauser sorry missed your meet up.

We ended up filing a claim with our insurance.