It's just a breakout of taxes—specifically the Hotel Occupancy Tax (HOT).

You can jump ahead years doing this and break out on your own once you're ready.

The unique format of this event, which consists of high-level education, gamified networking, mastermind breakout sessions, case studies, group deal analysis, market deep dives, and peer-to-peer coaching facilitation makes this the most impactful local real estate investor group a real estate investor can be a part of.The foundation of the group is built around the belief that everyone in the room has the potential to change the world… however most of us never have the time, energy or financial situation to even dare to dream big enough.

This is where a detailed cost segregation study becomes especially valuable, as it can accurately break out these land improvements from the non-depreciable land.

In addition, you will need to break out the property between building and land. 

If we had purchased it, the co-host would have been someone I met at an STR based breakout session at BPCon 2024.  

That way the water company meter gives you a reading and you have an accurate submeter reading to break out the invoice and use that. 

About my REI journey: I am in REI for to provide long-term financial support for my family and I, but also with aspirations to use REI as a way to break-out from the W2 and do consulting work while still having basic income.

Two towels were lost due to what appeared to be bleach marks but were actually the residue from acne skin cleaners (peroxide).

We expect these to stay pretty small, 50 or less people, since most will occur during the breakout session time.