There is negative cash flow… my thoughts are that either:- Rent estimate is way off- Property value is too high- Other?

Once you start using your card for all your spending habits, all mortgages, all utilities, all expenses, groceries, travel, paying your taxes via card etc, it can quickly add up to tens of thousands of tax free dollars per year.8% cashback is pretty insane for high earners.

I'm a little nervous too because the asking price is a little high for the amount of repairs that are needed, but I'm trying not to scare the owner with a low ball offer because I'm focused on getting him to finance the deal so I can get a low interest rate or no interest at all.

At the end they get their deposit back minus any damages and cleaning.That's it.

The high ROI potential with a sale price of $110,000 promised substantial profit.

However, it will likely lower future cash flow so it is a time-value of money play (and perhaps income tax bracket matching... ie, big deduction during a one-off big income year).Two properties... one with cost seg and one with out will have the same depreciation taken at the end of its life (27.5 or 39.0 years).Also keep in mind that STR usually requires 39.0 years of depreciation for the primary building asset.

@Alec BildsteinHouse hacking with triplex or quadplex properties can be a successful strategy in high-priced markets like Denver.

Hi @Roberto Ramirez,Building to rent in this area is a very popular strategy right now with how heavy the rental demand is, and the relatively high return that you can see through this model.

I’m debating if I should sell it and invest somewhere else where property taxes aren’t so high and maybe deal with one tenant in a single home.

We were interested in the condo deal with Cindy and Damon Robbins due to several key factors: High Profit Potential: The purchase price of $294,500 and the sale price of $634,888 offered a significant profit margin.