Derek Buehner
Tax deductions on a remodel for a future STR while living in it.
I currently live in a single-family primary residence. Next year, I plan to purchase a second home and move into it. I intend to rent out my current home as a short-term rental. Before listing it on an STR platform, I...
Khaled Seirafi
Reasonable Agent Commission
I'm looking to sell a mixed use building, with commercial and residential units, in San Mateo. I'll most likely be working with an agent who specializes in mixed use properties and works for a national firm. What woul...
Carlos Gonzalez
Do I do my taxes myself or should I hire an accountant?
Hello everyone,Now that is tax season, I have a question related to this topic.I bought a fourplex via FHA loan and I currently live in one unit, I have been fixing and updating all units so I could rent them out whic...
Account Closed
Must Know Real Estate Tax Saving Strategies for Investors
Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...
Everett Stephens
Accounting Software ... Where to start?
Greetings. We started buying rental properties about a year ago. We're up to 16 single family houses and are targeting a growth plan of onboarding 3-4 per month with about three units in some state of rehab at any g...
Jack Taylor
Refi - 20 year or 30 year?
I'm in the process of refinancing my place. I have had refinanced once to get a lower rate, but I want to refi again now to get out of my PMI. My issue is that I've been in the place for 12 years now, and I feel like ...
Joanne Vest
Management Fees and Listing Fees
How do most STR owners handle listing a property on multiple listing sites (e.g. Airbnb, VRBO, Vacasa, etc.)? If you use a property management company that has their own listing site, but you want to list with other ...
Chase A.
What should I do with money I’m saving to invest?
I am currently saving up money to buy an owner occupied 2-4 unit house. I have 13k and hope to save up another 17k to make it an even 30k. What should I do with the money I have saved while I’m waiting on the other mo...
Karen Schimpf
Financial Apps
Recently, both CNN and CNBC released lists of their favorite financial apps (access the CNN list here and the CNBC list here).
A few apps that we found interesting are:
SavedPlus – Gives users the abili...
Malik Javed
Special Depreciation Rules for Short-Term Rentals (STR) and Long-Term Rentals (LTR)
The most recent data show that record momentum continues for the residential rental industry especially for the short-term rental industry, with year-over-year bookings now exceeding pre-pandemic levels.
The complexi...