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21 August 2024 | 8 replies
Most condos that are zoned for STRs in the Branson market are primarily owned by investors or are condotels, so they aren't warrantable and therefore aren't eligible for conventional loans.
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21 August 2024 | 2 replies
Someone who had purchased the legal STR with NUC or in "Resort Zone" they most likely be doing alright, but for someone to buy in 2024 and do STR, I think it would be very hard to make a decent ROI.
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20 August 2024 | 1 reply
Zoning long range or comp plan. 2.
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21 August 2024 | 18 replies
Your more purple/red counties are way more reasonable and the ones I invest in.
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19 August 2024 | 9 replies
I think that the red flag for me is when a syndicator who has no/few exits starts living it up.
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17 August 2024 | 0 replies
But the property in question is zoned as a residential single family home... just curious on how all of that works together so that I don't end up violating any laws in the future while still being able to make a profit.- So questions I have:What is considered a "dwelling unit"?
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22 August 2024 | 29 replies
When I see things like "our research shows" it's a red flag for me that the information is theoretical which may or may not be helpful.
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21 August 2024 | 7 replies
Each LLC can have a separate agreement, but the IRS will scrutinize this, so keep everything above board to avoid issues.Tax Implications: This arrangement could allow you to shift income and claim home office deductions, but it needs to be done carefully to avoid triggering any red flags with the IRS.Renting a Car to Your LLCs:Renting your car to your LLCs can also offer some tax benefits, such as shifting income and potentially deducting expenses like mileage and depreciation.