Deducting Start-Up Expenses for a Rental Property
Unlock Start-Up Expense Savings
Interested in becoming a commercial or residential landlord?
You’ll likely have to shell out plenty of money before you ever collect a dime in rent.
But the good news is that some expenses that you would otherwise think of...
Depreciation Maximization
Introduction
Rental properties are an excellent source of passive income and long-term wealth-building. Whether you own a single rental asset or an entire portfolio of property rentals, maximizing depreciation is essential to reducing your taxable income and increasing your overall return on investment.
But what exactly...
Long-Term vs Short-Term Rentals
Introduction
Real estate investment can be a lucrative business, but it requires careful consideration before making any decisions. One of the most crucial decisions that real estate investors need to make is choosing between long-term and short-term rentals.
This decision dictates the type of tenants you...
Safeguarding Your Short-Term Rental Business in Times of Recession
Understanding the Impact of Recession on Short-Term Rentals
When it comes to running a short-term rental business, it's crucial for property owners to be aware of how economic downturns, such as recessions, can potentially affect their venture. The impact of a recession on short-term rentals can vary depending on...
Cost Segregation: A Great Strategy When?
One of the greatest tax benefits of owning residential rental property or non-residential commercial or investment property is depreciation—a deduction you can take without spending any additional money.
Sadly, regular depreciation for real property is slow, taking anywhere from 27.5 years to a whopping 39 years.
How to Analyze a Short-Term Rental Property
Understanding the Rental Market
The short-term rental market has witnessed tremendous growth in recent years, fueled by the rise of platforms like Airbnb and Vrbo. The popularity of these platforms has made it easier than ever for homeowners to list their properties and for travelers to find unique accommodations.
Real Estate Opportunity Zones
Introduction
Real estate investors are always on the lookout for opportunities to maximize their returns while minimizing their risks. One such opportunity that has gained traction in recent years is investing in Real Estate Opportunity Zones (OZs). OZs are a relatively new tax incentive program created under the Tax...
Top Short-Term Rental Cities: Landlord-Friendly Gems!
Introduction
The world of accommodation has witnessed a significant shift in recent years with the advent of short-term rentals. Defined as renting out a property or a portion thereof for a duration typically shorter than 30 days, short-term rentals have gained immense popularity and transformed how people travel. This...
What is Rental Arbitrage
Introduction
Rental arbitrage is a fascinating real estate investment strategy that has gained considerable attention in recent years. This innovative approach allows individuals or companies to lease properties and then sublease them for a higher price, ultimately generating substantial profits. By capitalizing on discrepancies in rental rates between property...
Scaling Your Short-Term Rental Business
Introduction
Get ready for an enlightening discussion on the art of scaling your short-term rental business. Prepare to dive deep into this captivating industry as we reveal the secrets that can turn your modest venture into a thriving empire. Join us on an exciting journey as we unveil invaluable...