Check your landlord tenant code on what is allowable by code. 

You might get it look good, but if you have no permits it might not be safe or up to code and might make the house hard to sell down the road.

I drafted a lease agreement using other agreements and looked up some things from the Ohio revised code.

Hello Tyler, As accountants who specialize in STR and REPS, we cant promote ourselves directly on BP as its against the forum rules.

I dont think it is, @Melanie Baldridge feel free to jump in but foreign assets like this usually follow the tax code from that country.

Keep detailed records of all expenses.As for tax professional recommendations in Cleveland: As accountants, we are not allowed to promote our services as it is against BP rules.

Baxter, Esq.JGB November 2023 NewsletterIn March of 2023 the Internal Revenue Service made Revenue Ruling 2023-2 clarifying their interpretation of Internal Revenue Code (IRC) § 1014 regarding irrevocable trust basis adjustment at death.

I’ve tried to look up municipal codes online in regards to rent by the room and limits on unrelated people living in the same home and have had no luck.

Hi @Tanner KimuraAs you begin to try and invest in different zip codes and areas I would recommend using this website:https://www.areavibes.com/Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below FSECONDLY One thing to remember when you are getting into RE investing is to have your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.

If have inquiry from Furnished Finder, I have an email ready to send them with next steps, usually with background check and information to send deposit, first months rent, etc. and once they agree, i'll send them the door codes.