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Thursday, June 18, 2020

Pop Up AirBnB Portfolio for Sale

Is there a better place to park your money than the Catskills, at the moment?  Here's a chance to get in the game, with all the tax benefits of real estate.

In Callicoon NY, and in Saugerties, NY, we have two projects that might be of interest in someone looking to put together a quick upstate rental/airbnb play/portfolio. 

In Callicoon NY, (about 12 miles to Livingston Manor and Narrowsburg( we have 3 homes going up, will be finished by end of July.  The homes are all under 1000 sq ft, on 4+ acres, have great views and fun vib.  2 bedrooms, lots of deck and big fields abound.








And then in Saugerties NY, in Ulster County, we have these two side by side homes on 1 acres each.




The benefits of both these projects is the cluster nature of them.   Because they are on the same street, both the projects are easy to manage, maintain, and oversee.  Lots of efficiencies there.

I didn't start out thinking about the potential for this pop up airbnb, but now, as a real estate guy, it seems to make perfect sense for someone looking for a new gig in the Catskills.  From a tax vantage, the ability to 'expense your life' and get the depreciation is why people love real estate.

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