Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

Typically, for properties seasoned 0-3 months, the cost basis (rather than the appraised value) will be used.

It hit the pocket for sure on a per property basis.

It was never intended to be a speculative investment vehicle for excited real estate brokers and other everyday folks.

Since REPS is determined on a joint return basis, her active involvement and the combined hours can qualify you to offset your 2024 W-2 income with real estate losses, including losses from cost segregation and bonus depreciation on your remaining rentals.

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

So if you have to go remote (because you live in one of those markets) spend some time in your target city, plan on being there often, video call the contractors every day.

The multifamily real estate market is gaining momentum as we close out 2024, driven by easing financial conditions and attractive cap rates, according to Marcus & Millichap's Q3 report.Cap rates have surged to an average of 5.8% between July 2023 and June 2024, marking a 110-basis-point increase from 2022's low and the highest level since 2014.

Depreciation rules for the two definitions are different.A short-term rental (STR) is a dwelling unit that is used on a “transient” basis.

I will not be acting as the MLO on the transaction but will be compensated as the business development manager on commission basis fromxyz company.