Eric Coats
Getting comfortable with the numbers - First time STR Investor
I'm looking at a cabin that I think would make a great STR. What are some ways investors are getting comfortable with the average monthly income (e.g. nightly rent and vacancy) in an area?
Armen Ter Avetisyan
Can a second home qualify as a STR that you can bonus depreciate?
I recently found out about the STR rule that allows non-full time real estate professionals to do a cost segregation study and bonus depreciate part of the home’s value and take these losses against their w2. I also f...
Soroush Akbarzadeh
Cost segregation for STR with a business partner (50/50) - material participation
My business partner and I co-own (50/50) a STR in Hawaii that we both manage on our own. We've completed Cost Study and are working with a CPA. There are some questions that we are having a hard time getting answers t...
Cassandra Devine
Converting basement to a separate rental apartment
I am under offer on a house built on a slope that already has an unpermitted 800 sqf walk out basement apartment and I am trying to decide if it's worth the money and time of getting the basement apartment remodeled a...
Dick Maykel Ortega
Deal Question - Seller Financing: prepayment penalty
I have been working this deal for about 5 months. It is finally closing on Friday. The seller just realized that I could pay this off next month at a great price. He was also offering seller financing as a tax strateg...
Kimberly Farrally
Kansas City Title Companies?
Hi,I'm putting my ducks in a row to start wholesaling in the Kansas City area. I realize one of these pieces is to have a title company to work with on a regular basis. I'm going to a MAREI meeting 12 July, and I wi...
Luke Sorensen
Multi-Family Tiny Home STR Development
Hi all!
I'm a senior in college at Pepperdine University in Malibu, CA, planning to venture into real estate after graduating.
For my senior project, I am researching the ideal marketing strategy for a hypothetical...
Salah Dajani
Material Participation on STR purchased late in year
Most of us are aware of the potential tax benefits with owning a STR and some of the rules regarding material participation. I was wondering if you purchase an STR in December and perform a cost segregation study and ...
Matthew Kauk
Tracking Hours For STR
First this community is amazing!My question is if I'm not a real estate professional, but own an STR that fits inside the STR loophole. How do I track my material hours on my investment property in order to take depre...
Account Closed
Calling all w2 professionals! What if you could pay ZERO in tax for 2024?
If you have ever used an AirBnB and are interested in investing in real estate, this post is for you! For individuals navigating the demands of a w2 job and grappling with substantial tax obligations, exploring the po...