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Single-family home sales rose 5.3 percent year-over-year, with 5,260 units sold;Days on Market (DOM) for single-family homes decreased slightly from 67 days in February 2017 to 65 days this February;Total property sa...
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I am wondering the type of tax treatment for vacation rentals such air bnb, vrbo etc. Are rooming houses considered the same as vacation rentals? Assuming there considered passive? Please share your experience and adv...
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Hi everyone,I wanted to get some feedback/thoughts on a short term rental strategy I am looking into.We have 8 strs in TN that are doing very well. These are great but they are all in the Smokies a traditional vacatio...
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By popular demand we are continuing the neighborhood analysis of year over year values. A client asked me to make a post recently about the driving park neighborhood which is a part of 43206 in Columbus and directly a...
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🏠📈 Real Estate Update 📉🏠Here's the latest real estate market report for July 2023 (single family homes) 📊:💰 Median Sales Price: $450,000 (June: $450,000)📈 New Listings🔽: 1,544 (June:1,713) 📅 Median Days on Market Unti...
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Can anyone tell me exactly what part of sec 469 of the tax code that explains what qualifies you as a real estate professional? I am having a disagreement with my CPA. He says that you have to have a 7 days or less on...
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I'm wondering if a non-owner occupied short term rental (Air BnB) should have a depreciation term of 27.5 years (residential rental building) or 39 years (commercial rental)? I own 2 small single family homes which a...
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Single-family home sales fell 20.2 percent year-over-year, with 6,671 units sold, marking the second straight month of declines fueled by the COVID-19 pandemic;The Days on Market (DOM) figure for single-family homes g...
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I was wondering if any veterans of the Single-Family residence flipping business have stats for the % of flips ending up losing money and maybe also days per flip. Do you keep detailed stats about each flip?
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http://www.har.com/content/newsroom/Single-family home sales continued their post-Hurricane Harvey comeback as volume rose 7.4 percent year-over-year with 6,184 units sold;Single-family home sales remain 3.3 percent a...