One other thing to add here - the bonus depreciation changes are indefinite - meaning they are no longer set to expire at any point in the near future - which is HUGE.And yes, @Bonnie Griffin Kaake is correct - if the dollars to acquire the property, materials, labor, or anything else in the acquisition or development of the property were incurred BEFORE 01/19/25, they are excluded from the 100% bonus. 

I'm interested in how others structure their ALFs.2) I'm thinking of going with an SBA 504 loan to acquire the property and do the remodeling.

With its robust legal framework, consistent economic performance, and favorable interest rates, Germany stands out as a top investment destination for foreigners.

Often times it makes sense to sell a performing STR if the value has skyrocketed.

Quote from @Richard Dickson: Hey everyone,Lately, I’ve been having a few conversations with note holders who are exploring exit options — either from performing or sub-performing notes.

I think one thing that throws people off is the difference  between buying and evaluating  a stabilized property based on the current performance and buying something to be a value add. 

The long-term nature of performing loans really didn't align for us.

If you are doing performing loans you can expect 8-12% returns and if it pays off early then it gets a bump.

When listing a property, an agent should provide three key elements: their estimated sale price with a clear explanation of how they determined it (and it must make sense); a detailed strategy for achieving that price in the shortest time possible; and performance data from their 10–20 most recent listings, preferably in your specific market area.

A Member shall give the Manager at least ten business days' prior written notice for any inspection and copying permitted pursuant to this paragraph (g) by the Member or its authorized attorney or agent.6.05 - Tax Matter Partner. is hereby appointed and authorized to perform all duties imposed by Sections 6221 and 6232 of the Code as "tax matter partner" of the Limited Liability Company.