Hey folks.Has anyone worked in REO's and with unlistedbankrepos.com specifically?

Properties just have to be in Commercially zoned areas (among a few other smaller regulations) and developers have created developments that are built specifically for Airbnb.

These rules can allow you to deduct certain costs for improvements if they meet specific criteria.If you're undertaking a large-scale renovation that would typically be considered a capital expense, it might be subject to depreciation rules.

It is important to discuss this properly with a CPA or Lawyer who is well knowledgeable in this field to properly structure the exchange so you can be properly informed regarding your specific circumstance.

If anyone is local and sees this I'd love to connect over a lunch and get any advice, deals, or tips you have for investing in general or specifically in the Eugene market.

This strategy along with the first year bonus depreciation strategy (60% now for 2024) are quite intriguing.Anyone have experience purchasing a rental in one of these areas recently - specifically a STR? 

I don't expect your PM to move that fast but it gives you an idea of what can be done this time of year.The house was a standard 3/1 bungalow and we listed it for $1,100/mo which I think is fair given time of year, quality of finishes, and block/area.Happy to look at your listing and provide some specific feedback if you'd like. 

@Wesley Mullen I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection.

Do you have any recommendations for specific and affordable softwares for a new landlord?

If you have any specific questions or concerns you can always post those and see who has the most expertise in that area.