Because it means you could qualify to use your rental losses — from depreciation, upgrades, or cost segregation — to offset your other active income, even W-2 income in some cases.That one distinction can mean thousands in tax savings.So before you set up your next listing, take a moment to make sure you’re classifying your property correctly and tracking your hours.A few minutes of good tax planning can easily beat weeks of chasing higher nightly rates.Curious — do you track your Airbnb hours or just rely on your CPA to handle it at tax time?

I’ll offer a different angle that often gets overlooked: the financing structure.One big distinction in multifamily is the role of agency debt.

But I'll add, DSCR seems to be the flavor of the moment, but terms really vary between funding sources.

Really solid breakdown, especially on the capex vs repairs distinction.

If your sisters were truly co-owners for years, their portion’s gain/loss will likely be different from yours — but if their names were only added for estate planning and your parents still retained beneficial ownership, all of you might qualify for the step-up.Long story short: the IRS cares about ownership intent, not just whose name was on the paper — and that distinction can make a big difference here.

(Continuum:  A continuous sequence in which adjacent elements are not perceptibly different from each other, although the extremes are quite distinct.)

Rent stabilization is not one uniform situation—there are multiple layers that materially change the economics and the exit strategy.For example, one of the biggest distinctions is tenant profile.

And so have prices for food, cars and what you pay for a haircut.There is a distinct difference between high asset prices driven by supply and demand and a bubble that has been fueled by oversupply, amplified by subprime mortgages and popped when the teaser rates expired.

There's a big distinction here.  

This is a key distinction because rates for a primary residence are lower than an investment property.