Short-term Rental Long-term Wealth

“Short-term Rental Long-term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties” By Avery carl “You’ll begin by reserching and analyzing factors like the average occupancy rate, price per night, and cost of properties in the area you’re evaluatting to determine whether an investment makes sense.” “Metro markets area major metropolitan areas that attract […]

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Book: Every Airbnb Host’s Tax Guide

“Every Airbnb Host’s Tax Guide” by Stephen Fishman, J. D. See also: also: also: “Any rental expenses paid for by guests are rental income; for example, payments a guest makes to you for repairs, utilities, or other rental costs. These costs are then deductible by you as rental expenses.”“You are entitled to […]

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Book: Every Landlord’s Tax Deduction Guide

“Every Landlord’s Tax Deduction Guide” by Stephen Fishman, J.D. See updates at See updates at “When you own residential rental property, you are required to pay thefollowing taxes:• income taxes on rental income and property sales• Social Security and Medicare taxes (for some landlords)• net investment income taxes (for some landlords), and• property […]

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Book: The House Hacking Strategy

“The House Hacking Strategy” By Craig Curelop House hacking: “To summarize, it is when you purchase a one- to four-unit property, live in one part, and rent out the others so that the rent from your tenant is fully covering your mortgage.” “The most common amongst house hackers seems to be the 3.5 percent Federal […]

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Book: The Book on Investing in Real Estate with No (and Low) Money Down

“The Book on Investing in Real Estate with No (and Low) Money Down” By Brandon Turner & Joshua Dorkin “When investing creatively, you need to find even better deals than those who invest normally.” “When investing creatively, you must be extremely conservative.” See: “Creative finance requires sacrifice.” “Creative finance does not mean investing without […]

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