Waht is the best streamer for the money under $2500 (no DAC or storage required).

The TEAC NT-505 maybe a great sounding unit, but several purchasers have found it unreliable due to defective units being sold.  See https://forum.audiogon.com/discussions/teac-nt-505-impossible-connecting-to-wifi-router-o-such-lan-h...

Anyone reading the A'gon "Tech Talk" section is aware of this. Just me, I would think it prudent to wait until these issues settle down to purchase a unit. YMMV

Another vote for Aurender. I highly recommend N100SC, it’s slightly over your budget but it’s outstanding sound and superb Conductor app far outweighs the competition. 

@jetter You're quite the Debbie Downer aren't you?  Do you have any personal experience with the TEAC yourself or are you just putting it down based on what you've read on the internet?

My advice is that if it sounds like something that would meet your needs and you want something with great sound quality, purchase a new one from an authorized dealer.  Don't buy an open box, demo, or refurbished one. 

A couple of people have said they bought them from TEAC's ebay store as open box items.  That's troubling that they would re-sell defective items, if indeed it's TEAC's "official" store.

Be aware that some have had issues, and be aware that it will only work with a wired connection.  Send it back if you're unlucky and get a bad one.  Plenty of people have had zero problems with them.  Those that have all seem to be related to connection issues.  I've yet to see anyone report that they were disappointed with the sound quality of the device.

I am one of those that posted in that thread and my "problems" turned out to be due to issues with my home network.  Mine has worked flawlessly since I ran an ethernet cable directly to it instead of trying to use a wireless client.

Everything I know about the unit is from the thread that I linked to. If nothing else someone thinking of buying an open box or refurbished unit has a heads up.

A couple of people have said they bought them from TEAC’s ebay store as open box items. That’s troubling that they would re-sell defective items, if indeed it’s TEAC’s "official" store.

Ya think, that’s why I wrote this under the pen name of "Debbie Downer".  Ir may not be TEAC's official store, but buyer of these open box/refurbished units should be aware.

@jetter Go poke around the Bluesound support forum for a few minutes if you think the TEAC has problems. I've had way more issues with my Bluesound devices than the TEAC.