Does this exemption amount get subtracted from the sale price of the property, or the assessed value of the property? 

I bought an out of state property and have about $50,000 left to pay off for the loan.

The only way a STR is grandfathered in, is if the property was already permitted and set up before the regulations went into effect.

I got a property manager, an STR assistant, and a portfolio wide assistant. 

Also, single-member LLC owners can often deduct mortgage interest on rental properties.Let me know if I can help you any further.

Purchase price: $320,000 Cash invested: $90,000We bought this property off market from a wholesaler what first started out as a partial renovation ended up being a full renovation.

Building a solid team is a smart priority, as real estate investing is much more efficient when you have a trusted group of professionals→ agents, contractors, lenders, who understand your goals and the local market.Your plan to own four long-term rentals in the next four years is both realistic and attainable, especially with the type of property you're targeting.

Hello all, As a newer landlord looking into self-managing my current singular property, I have come to a crossroads with regards to receiving applications to process.

They've mentioned they have asthma and allergies and that's why they're upset about have to live in a place that's being repaired, so I've offered to both hold off on the repairs and reduce rent to make up for the condition of the property, I've offered to have a contractor just rough in the drywall so that the studs aren't visible and to encapsulate everything, even though everything in the cavity was removed during the remediation, but they now aren't responding to my texts whatsoever.

Anyone has recommendation for property manager in albuquerque for short term rental?