Brian Cam
Buying property from a trust?
18 February 2024 | 6 replies
Curious as Im in a situation now where I'm looking to purchase a home off market, the sister is the beneficiary and also the executor of the will.
Ell Jay Lindsey
How is anyone making $ right now?
18 February 2024 | 54 replies
I analyze multiple off-market deals thru wholesalers & my local network that know I'm a "Real" cash buyer on a daily basis and I can't get ANY deals to pencil out to cashflow if using the BRRRR method at 7-8% rates.
Patrick Crehan
Wanting to start a property management company but do not have a brokerage license?
18 February 2024 | 7 replies
Are their certain broker holding companies that deal with these types of situations?
Account Closed
How to keep loans from a cash out refi properly segregated?
17 February 2024 | 0 replies
Is there an excel template that segregates one amortized loan into multiple independent amortized loans for tracking?
Brandon Spurlock
Airbnb vs. Furnished Finder
18 February 2024 | 31 replies
Many people advertise on both because they tend to draw from a broader clientele if you use multiple platforms (i.e. more digital nomads on Airbnb).
Phil Sharp
Buy-and-hold philosophies: Cash flow vs Appreciation
21 February 2024 | 94 replies
The debate, if anything I think, is about what to start with, and that really just depends on your personal financial situation.
Jesse Leigh
Thoughts on Chicago? Appreciation and Cash flow?
18 February 2024 | 6 replies
I believe each persons individual situation will differ on which type of investment they make.
Andrew M.
Very torn on renting vs. selling in east Orlando
19 February 2024 | 10 replies
Hi Andrew, There's no wrong answer and it certainly depends on your personal life situation and future goals.
Melissa Svenson
Growing investment portfolio with focus on generational wealth
18 February 2024 | 11 replies
I'm currently looking for a STR in CDA or Hayden and I'm also looking for some LTR multifamily or house hack situations.
Brett Dudley
Short term rental loophole then long term rental in the future
17 February 2024 | 9 replies
Typically, it's applicable to certain types of property, and the rules can change.Regarding short-term rentals and bonus depreciation, the Tax Cuts and Jobs Act (TCJA) introduced favorable changes for businesses, including bonus depreciation for certain qualified property, but the specifics can depend on your situation.Using your property for short-term rentals may affect your ability to qualify for certain tax benefits, and the classification of your property (personal residence, rental property, business property, etc.) can impact the tax treatment.The IRS has guidelines regarding the depreciation of rental property, and bonus depreciation may not always be applicable to residential rental property.Additionally, if you decide to switch the use of your property (from short-term rental to long-term or mid-term rental), there could be implications for tax treatment.Given the complexity of tax laws and the potential impact on your specific situation, it is strongly recommended that you seek advice from a qualified tax professional.