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7 February 2025 | 14 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
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11 February 2025 | 183 replies
Would I be able to rent out both my main house and ADU and not be subject to the owner occupancy rule?
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22 February 2025 | 1 reply
I created an app that could help.
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20 February 2025 | 8 replies
@Cameron Chambliss, primarily focus on creating a system for connecting with property owners and sourcing deals rather than establishing your end buyer list.
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28 January 2025 | 20 replies
Which is very complex and costly and likely warrants professional help.Now, if it's just you and your spouse, then your 2024 tax preparation is likely relatively straightforward:- you will create a Schedule C on your personal tax return- you will NOT report any costs of purchasing the property or its rehab, not in 2024- you will report your business overhead expenses such as marketing, driving, technology etc- you will end up with a business schedule showing zero income and some expenses - not breaking the rules but potentially raising an audit flagCan you do it yourself?
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20 February 2025 | 6 replies
While not everyone's going to create an Airbnb out of a 6-ton potato, her story does seem to have lessons for new STR investors.
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19 February 2025 | 11 replies
I am looking to create financial freedom.
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27 January 2025 | 6 replies
Quote from @Jason Malabute: If the insurance payout ($380K) exceeds your adjusted basis (original purchase price + improvements - depreciation), it creates a taxable gain.
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14 February 2025 | 2 replies
I was given the opportunity to appeal the decision, and provided proof of new ownership and property management, but Air BNB is maintaining their ruling to delete the listing for being duplicated.
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18 February 2025 | 35 replies
Hopefully, if you are reading this, you will not be lured to actually invest without diving much deeper into how any capital raiser or direct sponsor actually goes about creating that return.