The Hamptons is one of the most desirable real estate markets in the U.S., known for its upscale appeal and strong demand for vacation homes.Properties in the Hamptons attract affluent buyers and renters, offering a high potential for appreciation and steady rental income.he property may have been undervalued due to its condition, presenting an opportunity to add value through targeted renovations.

Quote from @Abhijit Roy choudhury: Financial Crime enforcement Network, requires reporting of Beneficial Ownership Information filing by 01/01/2025.Does this apply to us, Rental LLC owners.

So far besides a few books and a burning desire I am a complete novice to this.

Thank you Each state’s laws vary, but many/most will require a foreign corporate entity to register in that state before it can do business, and holding property title is a business.

It requires considerable infrastructure investment.

The Hamptons is one of the most desirable real estate markets in the U.S., known for its upscale appeal and strong demand for vacation homes.Properties in the Hamptons attract affluent buyers and renters, offering a high potential for appreciation and steady rental income.he property may have been undervalued due to its condition, presenting an opportunity to add value through targeted renovations.

I live in Asheville and am looking at STR in the Franklin area - agree with other posters that it's sort of between more desirable destinations, but also seems that the lower prices reflect that.

Ask questions to find out about their reasons for selling, desired next steps (i.e. relocation, 1031 exchange, etc.), and anything else that is important to them.Ask follow-up questions to dig deeper and learn more (without being too intrusive) then jot down any relevant notes so that you can reference them down the line during your follow-up calls.

A property near the 606 Trail in Logan Square could command $2,000/month, while the same unit in a less desirable area might rent for $1,300.

Focus on what matters, not on things that have nothing to do with what drives the desired  results.