- Bonus points if they have a strong focus on investing, short-term/midterm strategies, or networking with serious operators.Would love to compile a list and maybe even connect with a few of you in person if we’re attending the same ones!

You asked about short-term rental property demand and mid-term rental property demand in other areas besides yours and thoughts on managing these properties.First off, short-term rentals are a great property class to own, especially if you "materially participate" with 500 ours in the management of your property for the IRS to consider it an active investment and able to write down your active or W-2 income with the expenses, bonus depreciation, and cost segregating the property for additional depreciation to reduce your income taxes.There is short-term rental demand in many communities in Michigan because we have so much coastline and natural beauty as well as university, business, and hospital stay demand.

Don’t assume rent increases will save the deal.MHA does raise rents, but that’s a bonus, not a plan.

Trying to wrap my head around the new bonus depreciation rules.

If you otherwise would like having an STR, then 100% bonus depreciation is a great tax strategy to offset your W2/active income. 

They want the fastest solution, not the “best investor.”If you don’t respond fast… someone else will.And they’ll get the contract you should’ve had.It’s not about being perfect.It’s about being first.In off-market real estate, speed isn’t a bonus…it’s a competitive advantage.

Yes the Class feature Cost a bit extra which is a bummer bet the support for it is amazing, and it is easy to allow access for Tax Accountants to pull the reports they need rather than my clients playing middleman. 

When a cost segregation study is done on an RV park or MHP, depending on the year of purchase, the owner may be able to depreciate anything that is identified as 5-year and 15-year assests the first year of ownership with 100% Bonus Depreciation.

I live in Columbus now and own rentals here, and those areas you mentioned like Grandview, 5th by Northwest, German Village, and Short North are all great long-term plays with strong appreciation potential, but just keep in mind cash-on-cash in those core neighborhoods can get tight since they're in high demand.

So I thought about giving him bonuses per every period that he finished earlier than he said.