Personal assets/liabilities:Primary Residence: Have less than 20% equity in this, rest is owned by bank at high interest rate close to 7%.

Thanks Linda Weygant have you personally done a cost seg on an SFR/STR before?

Furnishings, such as the $35,000 you spent on furnishings, would generally be considered personal property rather than real property and would not be included in the cost of the property.In a cost segregation study, the goal is to identify and classify the various components of a property as either real property (land and buildings) or personal property (furnishings, equipment, etc.).

And a washer & dryer are critical for those of us traveling away from home for more than a few days.One of the things I love about our small 2-person Airbnb is that I never have to worry about big, illegal, violent drug parties or families having a field day jumping up and down on our beds.If single people or couples are likely to be visiting Branson, they make awesome guests. 

Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

Whether it's about real estate investing, personal finance, or any other topic, I want to empower others with the tools they need to succeed without expecting anything in return.However, not everyone shares this philosophy.

I'm a numbers person with decent negotiating, project management, and administrative skills, and I was counting on those talents plus some education to be enough to get taken seriously.

I know a few of mine are Family, Health, and personal growth, but I am curious as to what others are thinking.

Out of principle, i personally would have hard time looking the other way and allowing this dishonest person to take advantage of my property like this.

i’ve considered multifamily multiple times, but finding the right person to help me that wasn’t just trying to sell mentorship seemed overwhelming.One of the things that I would want to do in an apartment purchase is to do more than simply syndicated.