I am a lawyer who has been a stay at home mom for the past 7 years.

I don't have experience with STESSA, but have managed my own small portfolio with QuickBooks Online pretty effectively.

But this also lets you bargain by saying "you say it makes money but you have never claimed any profit".If you like it and then you get a lawyer to draft a contract with all the Details, detailed out even more and push for a closing day.Once that is good to go, you make a new business then do a DBA form if you want to keep the existing name for recognition.The buyer does NOT need a representative like Real Estate, it is fairly uncommon for buyers to have one.

I would checkout legal zoom or zen business before meeting with any of these lawyers or accountants to do it.

As many of you know, Assembly Bill 968 will take effect on July 1, 2024, mandating flippers of residential properties to disclose recent repairs and renovations if they sell within 18 months of acquisition.

A lot of investors don’t understand all the tools that are available to them because you would have to talk to someone that strategizes taxes i.e CPA, enrolled agent, tax lawyer etc. in order to use the short term loop hole, you must rent your STR for 15 days or more and be no greater than avg stay of 7 days.

Hey congrats this is just like the DA who becomes a defense lawyer or an IRS agent who switch's sides and represents those being audited  etc etc..

Ultimately I just raised rents and got better with outsourcing the maintenance in a cost effective way (wasn't doing that very well before).

I'll reach out to the lawyer in the meantime, but I suspect if they refuse to pay it, it'll have to come out of their security deposits when they move out?

I’m a lender focused on real estate investments, and I'm eager to connect with investors of all experience levels.I’d love to hear about your current projects and what strategies you find most effective in today’s market.