Hi, I just want to understand if I bought a property (quad) and received rent while I started the capital improvements .. can I deduct the expenses of the rehab still?

you just want a plain, vanilla long term rental managed by a professional property manager.

Hello, I am planning to buy my first investment property within the next 6 - 8 months.

I am a single mom but have been working hard to become familiar with this new world, and my long-term goal is to buy more rental properties over the next 10 years.

I’ve been looking at data on rental properties in Destin and Panama City Beach, and certain amenities seem to drive higher booking rates.

We use data from Airdna as well as Airbtics, MLS data for tax savings and property info, and also long term rental comps data. 

Starting with a private lender loan and standard tenants may be simpler for your first property.

It would be helpful to know if you are talking about turn-key properties, or value-add properties.

The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the current bonus depreciation rate at 60%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.

Because he/she will know the process of buying / selling properties so they can be better suited to ask you the right questions.For example, since I acquired properties in the past, I know the ask clients if they got a home inspection/appraisal / survey prior to closing on the property.