6 February 2024 | 4 replies
Hey @Jason Thomas, As an overview for folks reading:Real estate professional status is obtained by passing BOTH of the two tests: TEST 1: 1. spending at least 750 hours in a real property trade or business 2.
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7 February 2024 | 8 replies
I’ve qualified as real estate professional since 2021 and just found a potentially good opportunity to acquire a property in Mexico that would make for either a solid STR and/or eventually our forever home.I’m completely new to acquiring a foreign property- how to finance, what purchase process looks like, how foreign STR is taxed, does real estate professional status matter, etc.
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7 February 2024 | 13 replies
I think it MAY save some $ when it comes to tax time - I think we would have a lot more deductions possible to take, she could possibly have REP status.
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8 February 2024 | 22 replies
Of course the minimum status is superhost haha but i think a lot of guests don’t care about the reviews as much as hosts think about them.
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6 February 2024 | 4 replies
Credit score: 750+Employment status: Employed, Full-time
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7 February 2024 | 13 replies
At the time they filed Chapter 11, most of my money is actually in the status of "investable cash" in my account.
7 February 2024 | 8 replies
You'll just want to thoroughly evaulate if that change in filing status actually makes sense for you.
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9 February 2024 | 79 replies
It is rare that a super host will cancel a reservation because we lose our super host status if we do.If you read the STR listing description and its reviews, and choose accordingly, you don't normally encounter surprises.
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6 February 2024 | 3 replies
We have also achieved Superhost status on AirBNB from our 2023 guest.
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6 February 2024 | 4 replies
They are well-versed in creating tailored solutions to accommodate your business and employment status, ensuring a smooth and successful investment journey.I will send you a DM with the lender's information.