Good Afternoon,
I am under contract to purchase my first investment property. We are going to utilize it as a short term rental. I have had an inspection completed, but before I ask for repairs I want to discuss the ...
How much is reasonable to pay for a cost segregation study? I have one, 6 bedroom short term rental, that was established in 2021, in South Bend Indiana. I’m also working on a 4 bedroom that should be up and running i...
Hi everyone,My husband and I need to furnish a new house every 3 - 6 months for various projects. Does anyone know a wholesale furniture in Arizona store that we could work with?Your suggestions and advice is greatly ...
I purchased a rental property in August 2018, I bought used furniture for the living, and dining room. Can I deduct the cost of that furniture in my taxes? If I can, in what section do I have to report that? The value...
We want to rent home out! What are the steps?
I recently purchased a property for which I will be utilizing as a short term rental year round. I am buying a substantial amount of furniture for the unit and I am wondering if all of these things (beds, sofas, TV, n...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $620,000
Cash invested: $82,000
Self-managed STR cabin on 6 acres 15 min west of Pigeon Forge, TN
What mad...
Hey guys! I own a small design/build furniture company located in Seattle, and I have been thinking about using my furniture, and my design sense, to start staging homes. Several of my RE agent/broker friends have as...
Hello everyone and thank you for any input you may provide. This may be a long shot and I know eventually I will need to speak with a CPA, but figured I try to learn as much as I can now.I am closing on a rental prope...
Any strategies out there to fund the furnishing of a STR?I know consignment stores and garage sales are a way to keep it low cost, but any funding strategies if you’re trying to furnish a higher end property?Adds up q...