Understanding the STR Loophole- with realistic numbers
Friday, November 21
Recently an investor made a Facebook post about the STR loophole and why it was going to cause booming housing markets in 2026. When a CPA friend of mine corrected several issues with the post the author responded: "this article comes form BiggerPockets, a highly respected and trusted resource ...
If you Invest in Raw Land....You need to read this blog
Saturday, December 28
There are endless ways to invest in real estate; and there are two main reasons people buy land. 1.To develop the land and re-sell 2.To hold long hope in anticipation of it increasing in value If you Buy land for option 1 this blog isn’t for you. But if you buy land to hold long term for apprec...
Final regs are out and 20% deduction on rental income is in!
Friday, January 18
The IRS Released the final Regs today. BEFORE TODAY: IF YOU PARTICIPATE REGULARLY IN YOUR RENTALS WITH THE INTENT OF MAKING A PROFIT YOU WILL LIKELY QUALIFY FOR THE 20% DEDUCTION. AFTER TODAY: IF YOU SPEND 250 HOURS A YEAR ON YOUR RENTALS, DON’T MIX COMMERCIAL AND RESIDENTIAL, TRACK YOUR HOURS, A...
The Regs are out - So does the 199A Deduction apply to my rentals?!
Wednesday, August 08
Today was a very exciting day...for accountants mostly. The new regulations related to the §199A pass-through deduction were released!For those who don't know, the §199A deduction allows a 20% deduction on pass-through income (subject to some limitations, but that's a whole different story). This...
Wholesaling: Selling Contracts & Paying Uncle Sam
Monday, December 18
Wholesaling might be the most commonly suggested way for people to get started in real estate. This was always interesting to me because A. Wholesaling is freaking hard. B. You typically never actually own any real estate. WholesalingFor those who don’t know wholesaling is a term generally used t...
Who buys mobile homes in parks?
Wednesday, August 09
For several years now I've been investing in mobile homes located in mobile home parks. Why? Because they're quick, manageable flips that fit a need in our current market. Rents are currently the highest they've ever been, and many people are finding the American dream of owning their own home to...