Larger properties allow cost segregation and bonus depreciation, offering major tax deductions.

This can be a low hourly and get bonuses when you close deals with them, or any other way on structure.

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.

It says you can apply bonus depreciation to $50,000 of it.

The best way I've seen is to write up a management agreement structured as more of a "consulting" from the manager to qualify.Why This Matters in the STR GameHere’s how this plays into your STR strategy:You buy a house (say a 4-5 bedroom chalet near a lake, ski resort, beach etc.).

I’m not a CPA, so definitely verify any of this with one — but here’s how I understand it from working with dozens of investors around this strategy A few things to think through before deciding if it’s worth pursuing: – Your income and tax bracket — that’s what determines if the benefit’s meaningful – STRs vs LTRs — STRs often qualify for material participation without full REP – Whether cost segregation and bonus depreciation can offset enough income to justify the effortWe’ve helped dozens of out-of-state investors go both routes, many from the Bay Area actually this year haha: some through STRs, others through value-add LTRs using cost seg.

I pay them that plus occasional bonuses for tough cleaning jobs.

Just follow Texas notice requirements, but consider:• Offering a move-out bonus• Helping with timing so they can transition smoothly• Maintaining open communicationA small incentive avoids friction and protects your reputation.3.

I have been looking at Cost Segrigation and 100% bonus depreication.Has anyone ever done one for a single family home portfolio?

Possible, but only if the tiny house qualifies as depreciable rental property and you use cost segregation to break out shorter‑life components that may be eligible for current bonus depreciation; many “tiny homes” fail if they’re personal use, on wheels, or not placed/used as a rental.