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All Forum Posts by: Ana Mills

Ana Mills has started 3 posts and replied 5 times.

Hi guys

I have a handyman who is super knowledgeable and he is very comfortable connecting the 220 wires for a mini split and also for a hot tub. 
im getting extremely high quotes for a certified electrician to do it. 
what are your thoughts? Pay the money for a piece of paper or go let my guy take on the project?

Amazing! Thank you for the replies. 
When applying for the credit card, do you all use your LLC name or do you apply with your personal name?

Do you recommend having a different credit card for each airbnb property? 

I'm wondering if things will get complicated to track if I am paying for things to multiple properties in one credit card.

Quote from @Jordan Moorhead:

Yes and make sure to include the 6% state hotel tax too if you want to do everything above board!


 Thanks for the reply Jordan! 

Does Airbnb already includes and pays the Austin hotel city tax of 11% or do they just include the state tax of 6%?

Thank you a bunch for your help ☺️

Hi guys,

I’m looking at a property in Austin and working out the cash on cash return so I can make sure it’s a good investment for an AirBnB. 

Since Austin charges 11% hotel occupancy tax, should I include that as part of my expenses when calculating cash on cash return? 

Thank you in advance for all insights.