What exercises or tips have helped you improve your phone voice?

- Are terms improving or tightening this year compared to past years?

Meeting material participation rules is also huge, dont miss out on QIP tax savings for STRs, and a good CPA can guide you through all of that.Planning improvements or new furnishings strategically can impact which tax year you claim deductions in and help you reinvest more effectively.On another note, Tennessee is a great state for STR investing.

In addition, your basis can be increased by capital improvements you’ve made over time (like remodels, additions, or a new roof).

Translation: softer labor data may give buyers improved affordability as mortgage rates ease.🏡 Existing Home Sales Edge LowerExisting home sales slipped 0.2% in August to a 4M annual pace.

We have picked up deals that were sitting on the market that were poorly listed (photos, description, etc.) that with some cosmetic improvements, netted more than what many saw and hence passed on. 

Here’s one we ACTUALLY did:- Purchase price: $550k- Improvements + furnishings: $60k- First year revenue: $140k That’s not a typo. $140k on a friggin $550k purchase.Now obviously it’s not just “buy anything and throw it on Airbnb.”

Any low-cost improvements you’d recommend before listing?

Proper planning can also improve your negotiating position in legal disputes and potentially lead to more favorable outcomes.To navigate these areas effectively, I strongly recommend working with qualified professionals, including a knowledgeable tax advisor who understands real estate and a seasoned asset protection attorney familiar with your specific goals and risk profile.

You’ve likely improved since getting started.