
11 November 2024 | 2 replies
I hired a GC to manage the build out, but there has been no consensus on who is responsible for the utility payments (Water and Energy).

21 November 2024 | 20 replies
If your credit is decent then I would utilize your cash as leverage to leverage:1.

20 November 2024 | 11 replies
Trying to manage a $1M Airbnb rental while it sounds good you got $6500 in bookings you still have significant costs to operate it with maintenance repairs, utilities etc.

20 November 2024 | 23 replies
If you're planning on utilizing a self-showing model with cameras you'll need to make sure you disclose to prospective tenants viewing the property that there are cameras on premise.At scale, we've coordinated 160,000+ on-demand/self showings with smart lockboxes over the past 5 almost 6 years with very few issues.

19 November 2024 | 6 replies
This explains why your taxable income was zeroed out on Form 1040, even if the standard deduction wasn’t utilized.

19 November 2024 | 7 replies
Assuming you don’t meet the 500 hour test, you will likely need to document the time of others spent working on your property.In addition, you need to have guests at your property as well.Until you are 100% sure you can utilize the short term rental loophole, I’d wait to do the cost segregation study.

15 November 2024 | 6 replies
It will also establish legetimacy.... wholesaling is a sketchy business hence anything you can do to increase your credibility will only help your chances at success.

19 November 2024 | 11 replies
When your tax professional prepares your 990t they will utilize the Cost Seg to minimize the UDFI tax.

19 November 2024 | 23 replies
Maintenance and Repairs: Property managers have established relationships with contractors and vendors, ensuring timely and cost-effective maintenance and repairs.

15 November 2024 | 3 replies
You can also reach out to wholesalers in your area—they often have established buyers lists.For the contract, a typical timeline for a wholesale deal is 30 to 45 days.