Rather than take a complete loss on the uncollectable debt, can I take the assigned debt, make collection efforts and upon failure to collect declare the loss to offset the capital gains?

What a great resource and I’m looking forward to making some great connections.

Also, make sure your accountant knows how to add the cost seg to your tax return.

I understand each city/county may have their own permitting requirements, fees, regulations, etc. but I'm wondering how people are making any return on their investment if it maxes out at 90 day rental.

My first thoughts is to install keyless doorlock, ecobee and make sure kitchen has everything needed by guests.

Remember, if you have to carry a gun to collect rent, you made a bad investment decision.

As painful as this lesson was, it made me make major operational changes.

It is also possible that cost segregation and bonus depreciation will not make a difference for you.

The visionary is full of ideas, has a high level of vision where he or she wants the business to go, maybe sometime loses track of the practical nuts and bolts, and is perhaps not very detailed oriented.The integrator makes it all work.

IE change your drivers license to reflect both addresses and pay the bills on both to make it like both are your primary residence?