Potentially purchasing a 2nd STR
If you could invest in another STR using the tax loophole hole and bonus depreciation tax benefits -Where/How would you start researching for your next property purchase? If I wanted to buy in the current location we have our other STR I would want to buy a 4 bedroom to have something different to market than my 2 bedroom option. That seems impossible as we’d need to buy something in the $2M+ range. We love the area we’re in which is why it made sense for this first STR purchase. But if we’re looking at a second - that could potentially be located anywhere. I just don’t know how to assess where to start looking.
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Carmen Salazar
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Potentially purchasing a 2nd STR
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