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8 August 2024 | 8 replies
Firstly, it's important to point out that Pismo Beach, like many other California towns, has imposed stricter regulations on STRs in recent times.The city has drawn a distinction between three types of authorized 'Less Than 30-Day Rentals,' specifically a "Short Term Rental," a "Vacation Rental," and a "Homestay Rental."
6 August 2024 | 3 replies
A friend and I have an LLC that owns multiple properties and for several reasons we would like to split the LLC into 2 LLC’s and each own one. We would like to split the homes and both have separate LLC’s moving forwa...
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8 August 2024 | 9 replies
That's the important distinction though.
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5 August 2024 | 2 replies
This positive cash flow will provide a financial buffer and support your long-term investment goals.Multi-family (MFH) and single-family homes (SFH) are distinct asset classes with different characteristics.
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6 August 2024 | 54 replies
It's an important distinction to make.You're right that passing on legitimate increased costs to customers is a normal business practice.
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4 August 2024 | 5 replies
This can minimize potential liability or tax issues later on.Bank Accounts for Each LLC: While using a single business account may be convenient initially, opening separate bank accounts for each LLC might be necessary as you expand to maintain a clear distinction between each entity’s finances.
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1 August 2024 | 13 replies
Properties in New Orleans often remain on the market for more than thirty to sixty days for a variety of reasons, some of which make the market distinct.
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9 August 2024 | 184 replies
Personally, I think you'll see more disclosures and more discount brokerages (but still a distinct minority) and not much else will change.
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27 July 2024 | 7 replies
Within the context of North Carolina, the statutes outline two distinct procedures for tax foreclosure.
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28 July 2024 | 14 replies
Good to know about the distinction and I'll keep that in mind.