Yield, Tax & 1031s
Cap Rate Reality
Vegas cap rates typically hover between 4%–10%. We target assets architected for immediate cash flow plus long-term appreciation.
1031 Exchange Protocol
Defer 100% of your capital gains. We have "Up-Leg" inventory ready to lock in your replacement property within the strict 45-day identification window.
0% State Tax
Nevada has zero state income tax. Your net ROI is instantly higher here than in high-tax states like CA or NY.
Airbnb Rules
The 660-Foot Rule
Short-term rentals must be 660ft from other licensed units and 2,500ft from resort hotels. Verified audits prevent buying "illegal" assets.
Licensing
Permits require CUV and home inspections. Airbnb listings can achieve gross yields far exceeding traditional long-term rentals.
"Lipstick" Flip Strategy
Good Bones vs. Pits
Spotting structural quality is essential. I identify build integrity using my "Handyman" lens.
Renovation ROI
Where to spend $10k to get $40k back: focus on high-impact lighting, flooring, and paint aesthetics.
Target Yields
| Area | Occ Rate | Performance |
|---|---|---|
| Sunrise Manor | 59% | High Cash Flow |
| The Strip | 57% | Appreciation Potential |
| The Lakes | 65% | Long-Term Stability |
