For those with multiple short term rentals, what is your end game?

I looked into STR for tax deferral advantages and got excited. Then I learned it has to be paid back when you sell the property. Sure you can 1031, but you still aren’t becoming liquid…so it appears that you essentially will be building wealth through equity in real estate that you can’t ever sell. Few properties appear to cash flow enough to make it worth it & getting a promotion at work is more sizable. Break even gets you the appreciation, but you need a good 15 years into a 30 year mortgage to have a sizable return worth the amount of work (Pigeon Forge properties are primo STRs and seems to be appreciating at only 4-4.5% per year on average)

So my question for those who have short term rentals…

What is your personal end game with your STRs?

reddit.com
u/Cguy909 — 2 days ago

Your experience with non-local STR

My wife and I are considering buying a property and make STR for tax incentives and investment. This particular property would be 5BR in Pigeon Forge, and we live 4 hours away.

What is your experience with being able to manage the property when you are not local? We would self manage as much as possible, but not opposed to outsourcing some management as long as we qualify for “self managed” for tax incentive.

reddit.com
u/Cguy909 — 4 days ago
▲ 13 r/ceo

Purchased by PE firm

Does anyone have real life experience with a middle market company being purchased by a PE firm or PE sponsored company? What happened in the following days, months, years?

reddit.com
u/Cguy909 — 1 month ago

PerSmart LED tank ok for Betta?

My daughter really wanted this tank for a new Betta fish. The first one died. I’m doing a lot of research to learn how to not repeat (we are beginners), but is this tank OK?

My only concern is that it seems to have decent flow. I blocked the output with a sponge which seemed to help I just want to make sure that it’s not sucking too much forcing the betta to swim harder.

Anyways, thank you for your help in advance!

https://www.petsmart.com/fish/starter-kits/top-fin-custom-colorflow-aquarium-with-7-color-changing-leds-5295572.html?redirected=true&bvstate=pg:4/ct:r

reddit.com
u/Cguy909 — 2 months ago

How to watch Serie C games?

I am trying to find a way to watch** **Ascoli Piceno games…but haven’t found a way to tune in from the states.

Has anyone been able figure out a way?

reddit.com
u/Cguy909 — 2 months ago