A Real Estate Deal Gone Wrong | PPhREI Network Roundup | 8-14-2022

In today’s PPhREI Network roundup, we hear about one of the Prudent Plastic Surgeon’s real estate deals that got aborted right before the finish line, your last chance for 100% bonus depreciation, and geoarbitrage.

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Carpe Diem MD

As 2022 starts drawing to a close, Ian Cook writes about an opportunity that is slipping by. It’s the last year of 100% bonus depreciation before it starts fading away in 2023. Ian outlines a common strategy amongst fellow short term rental investors:

  • Purchase a short term rental in the fourth quarter of the year
  • Meet the material participation requirements
  • Get a cost segregation study
  • Claim 100% bonus depreciation prior to the January 1, 2023 deadline
  • Enjoy really incredible tax deductions to accelerate the growth of your real estate empire

Read the full post on the Carpe Diem MD blog: The 4th Quarter is the BEST Quarter to Purchase a STR (Airbnb/VRBO)

The Darwinian Doctor

In this post, I write about the strategy of geoarbitrage, which means taking advantage of the fact that different areas of the country (or the world) have a lower cost of living. My family is going to be demonstrating this in real time when we move from Los Angeles to Memphis later this year. We’re going to be saving money on everything from housing costs to private school tuition, but will sacrifice certain aspects of quality of life such as climate.

In this post, I introduce this concept and talk about how it can accelerate your journey to financial freedom.

Read about geoarbitrage on the Darwinian Doctor blog: The Amazing Power of Geoarbitrage

The Prudent Plastic Surgeon

As a real estate investor, most deals never even get off the ground. They’re aborted prior to lift off because they don’t meet basic criteria like location, quality, or price. But certain details will only become evident in the due diligence period, or even later on.

In this post, Jordan Frey outlines the details behind a deal that got aborted in a pretty late stage due to the seller not holding up their end of the bargain. Curious?

Read about this deal gone wrong on the Prudent Plastic Surgeon blog: Why We Backed Out of a Recent Real Estate Deal


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