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12 December 2024 | 2 replies
I have a separate account for my real estate properties and keep a base amount there.
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17 December 2024 | 12 replies
Trusting a GC can work if you thoroughly vet them, use a detailed contract with clear milestones, and establish systems for accountability.
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14 December 2024 | 1 reply
I will be graduating from college with an accounting degree in May of 2025.
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14 December 2024 | 2 replies
So we have to collect, account, and remit separately for them!
13 December 2024 | 4 replies
The HOA doesn't have the 10% minimum in their reserves account (savings account) and Freddie Mac won't lend on it.
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16 December 2024 | 18 replies
I will also add that many independent travelers that do room rentals enjoy having their own fridge.To keep things kosher in shared spaces, my friend who runs PadSplit says every room comes with one colors or plates cups etc to ensure that guests are accountable for their own dishes.
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11 December 2024 | 16 replies
@Jonathan CooperIf your current accountant is not familiar short term rentals and/or cost segregations, it's time to get a new accountant.
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19 December 2024 | 13 replies
This change has helped generate more bookings, but it comes with a trade-off: guests booking single nights on Fridays or Saturdays might prevent full weekend bookings.Lowered PricesWe’re utilizing PriceLabs for dynamic pricing and have reduced our rates to stay competitive during the off-season.Listed on Furnished FinderWe created a Furnished Finder account to target mid-term stays, which I hoped would solve our slow-season problem.
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11 December 2024 | 3 replies
With the idea of "we can turn money today into more money tomorrow by investing it," I place most of this within a taxable brokerage account where it grows based on the market broadly speaking.
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19 December 2024 | 22 replies
I am curious if anyone has had success in other areas let me know.We are thinking of relocating as it looks like there is no end in sight for this.If you had 250k to spare or sitting in a non interest bearing account, you could look into the hard rock hotel condos.