Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.

Treat this property as a business and factor in all the associated expenses, including mortgage payments (if you pull a loan), maintenance, and potential vacancy periods.To simplify management and make this less of a hands-on job, I’d strongly recommend working with a property management company.

Dmitriy's company has been in business for 15 years and has helped thousands of people around the country in ever scenario.

Hello everyone,My business partner and I are considering buying in Niagara Falls as a short term rental investment and we'd love to speak to someone there running a vacation rental.

Ask yourself, if they're exhibiting this behavior now how will they conduct themselves once they become a tenant?

The very fact that they are engaging in the business model of illegal brokerage is all you need to know.

We kind of throw out these definitions for our business because they can become misleading. 

A business partner approached me about it, and I negotiated the deal based on CAP rate.

To determine the correct treatment, consider the RV's permanence, utility connections, and business use.This post does not create a CPA-Client relationship.

I am in the HVAC/R business so, although it would be a cakewalk for me - you may have to get heating guy to do it for you.