As you know, as part of the PhREI network, we decided to start a weekly roundup to share new activity from across the network. Enjoy!
Carpe Diem MD
Using his own personal experience, Ian Cook of Carpe Diem MD outlines the three best smart thermostats in his opinion (Ecobee by Amazon, Nest by Google and Honeywell by Honeywell), and gives a summary of each one. Spoiler alert: he uses Ecobee!
Best Smart Thermostats for your Short-Term Rental
The Darwinian Doctor
Daniel Shin of the Darwinian Doctor gives three ways to avoid depreciation recapture tax on rental properties. The three options, you wonder? Here you go!
- Sell your property at a loss;
- A 1031 Exchange; or
- Keep your property until you die.
By the end of this post, you will understand depreciation, the depreciation recapture tax, and more about those three strategies to avoid this tax.
3 Ways to Avoid Depreciation Recapture Tax on Rental Property
The Prudent Plastic Surgeon
I just learned about a new medical/surgical scrubs company called Ouragins, and quickly became intrigued. Why, you wonder? They make an awesome set of scrubs but, even cooler, they have a really unique stocks sharing program! Apparently scrubs and stocks DO go hand-in-hand
Scrubs & Stocks: Working Together to Help Doctors?