I’m in a cold climate and was having multiple tenants turning their heat up to 78 and then leaving their windows open when it was -20 outside.

Spending more than 100 hours and more than anyone else, or substantially all the time in the business.So if you own an STR and meet the test, you can set up a tax deduction machine.Some issues -- You have to count your time, and the time other people work in the biz (cleaning, maintenance, etc..)- If use the property more than 15 days or 10% of the time it becomes a residenceI suspect this is part of why the STR trend has picked up so greatly amongst professionals working in tech.

They'll just keep coming back with new issues for you to fix.How to tell if this is a legit mold issue or if it's the tenants problem: initial sniff test goes as follows....did the previous tenants have this issue?

I'm utilizing social media to the fullest with multiple groups that are centered around moving to Florida.

We did a deep dive into their business - they have multiple lawsuits for taking funds and backing out of deals and never responding.

By investing in properties that stand the test of time, you set the stage for financial success that can be passed down to future generations.Now, listen up, my aspiring real estate moguls!

If you are looking for loans on real estate or a business lenders don’t necessarily care about the credit history of the LLC - they care about the performance of the asset and your creditworthiness since you will most likely have to sign personally.I have established multiple LLCs just days before closing on large loans for different assets, those particular entities barely existed and the banks did not care.If you are talking about pulling a business line of credit (like a HELOC, but against your business equity) then the banks like to see some history of revenue.

Here are some key considerations:The Tenant Stability MSO Growth: The MSO is expanding westward and has acquired multiple businesses, which suggests growth.

The problem is I Don't know what kind of contractor is nessary or if it's multiple contractors.

I like to to buy deals with multiple exit strategies.