First impressions can go a long way. When it comes to owning and operating a vacation investment property like an Airbnb, the guest’s first impression of you as a host can either make or break their decision to rent a property. Traits such as trust, the host’s online...
Vacation rental company Airbnb has provided property owners with the opportunity to turn their houses, condominiums and other types of real estate into lucrative investment properties. However, the key to getting a strong return on investment and keeping your property...
Rev Proc 2005-14: Combining Primary Residence Exemption with a 1031 ExchangeAn effective way to minimize one’s tax liability is by combining the benefits of multiple tax code sections. In the 1031 Exchange industry, a way we see this strategy utilized is with the...
For 2019, here are our latest top 10 misconceptions we’ve found that the public has about 1031 Exchanges: “Like-kind” means I must exchange the same type of property, such as an apartment building, for another apartment building. FALSE (read answer) A...
Regarding Section 1031 of the Tax Code, the tax reform laws enacted in the beginning of 2018 kept the use of 1031 Exchanges for tax deferral when commercial and investment real estate properties are sold but eliminated the use of 1031 Exchanges to obtain tax deferral...
Over the last 10 years, vacation rental company Airbnb has grown from a small startup with a few properties to a billion-dollar, global company that has disrupted both the vacation rental industry as well as the hotel industry. Airbnb has also changed the landscape...
As the US investor population ages we’ve seen an upward trend with investment funds being shifted into real estate holdings that are passively held. One such method is through a Delaware Statutory Trust (DST). For more DST information please click here. A DST is an...
