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25 September 2024 | 9 replies
If not, I recommend commissioning one and only taking their counsel on tax-specific questions.I have a list I keep updated and recommend through our REI bookkeeping firm if you don't currently have one.They can walk you through exactly what you can and cannot write off during these trips and what you need to document in order to write things off.It's not necessarily a simple "yes" or "no".
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22 September 2024 | 1 reply
Any experienced Lodgify users out there who can explain how the heck I can set up a new team member's account to allow them to monitor my guest inbox and reply to guests? Seems like something that should be easy to se...
25 September 2024 | 8 replies
I haven't had to use it in the 3 years I've hosted, but it's there in case.I stayed in an a place this summer with 2 bedrooms and 3 queen beds.
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23 September 2024 | 14 replies
If using co-host to help manage, do you just rotate several so you don't allow them to surpass your 100 hours?
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23 September 2024 | 2 replies
Since then there have been many changes to Colorado landlord/tenant laws and as a result, I bought a local attorney's lease (actually a fairly large law firm).
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25 September 2024 | 14 replies
I think they are grossly overpriced and offer coverages that most hosts don’t need.
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19 September 2024 | 7 replies
The average STR host has only 2 prices the whole year when you should have 365 different prices to maximize booking.
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25 September 2024 | 2 replies
Hi Randy,The reason small apartment buildings haven’t seen the same price drops as larger properties comes down to a few key factors: 1031 exchange buyers inflating bids, strong demand for limited supply, and sellers holding firm on prices since they’re not under financial distress.
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25 September 2024 | 6 replies
So visiting the property could have some value, depending on your goals of the visit.I have hosted investor tours at properties in the past, where we dedicate time with our investors and the community manager to walk the property so they can see their investment, as well as talk about current operations, how the business plan in going, and allow them to meet people on the team that they invested with.
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25 September 2024 | 4 replies
Hey Dave, I have not found it common among the accounting firm owners I know to take on clients who just need one-off review on part of the tax return.