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31 December 2024 | 22 replies
There are a high number of CPA firms that do not want to get involved outside of the FYI to their clients, and some state boards are saying that a CPA advising related to this registration is an "unlicensed practice of law" given it is not under Title 26 - income taxes - the only place where CPAs and EAs are specifically authorized to interpret law.
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26 December 2024 | 2 replies
The goal is to keep these for rentals.I currently own the land personally and am funding the builds with a combination of HELOC and cash - no bank debt tied to these properties specifically.
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24 December 2024 | 13 replies
Did you have specific questions or comments?
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19 February 2025 | 88 replies
You find the numbers, and strategies that work in any specific market you choose, then wait until a property pops up that meats that criteria, and jump on it."
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11 January 2025 | 67 replies
Check with your accountant for CAL specific tax laws.
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27 December 2024 | 2 replies
Hi all - I'm a new STR host and I recently had my first bad guest experience and have some questions about damage protection and guest verification on VRBO specifically.
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26 December 2024 | 3 replies
If you're targeting a specific market, I suggest connecting with local investors through meetups.
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31 December 2024 | 76 replies
I'm also looking to get my hands on a good calculator for short term rentals since I'm terrible with Excel and only have a calculator for long term rentals that I know is missing sections that are specific to short term.Any help you can give me would be very much appreciated :) BiggerPockets has an Airbnb calculator, and I see that you're a pro member.Since you've read the STR book and done other education, you know HOW to pick a market lol.
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26 December 2024 | 2 replies
I would think your insurance agent might have access to some historical information for a specific area as they would want to examine this closely for their underwriting.
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28 December 2024 | 12 replies
Cleaner is paid a fixed rate for a specific job, you are paid a % of revenue.