This way, all income and expenses related to the cottage can be run through the new LLC and its corresponding bank account.Additionally, make sure that you’re not mixing or commingling any personal transactions with your business transactions or transactions between the different properties to maintain clear separation and avoid potential issues.

Working with a knowledgeable 1031 exchange advisor or real estate professional who understands market cycles can be key to timing your transactions effectively and avoiding the pressure to buy at a peak.

Now that August 17th has passed, and the new NAR Settlement is in effect, big changes for consumers on both sides of real estate transactions are being felt across the nation.

As mentioned, over valuing the ARV, or having less funds than is actually necessary for the transaction. 

Are you on the site daily tweaking the listing?

I would be as transparent as possible, including occupancy percentages, average daily rate, etc.

Back in 2019, we faced a challenging situation that fundamentally changed the way we handle our real estate transactions.

I am online daily looking for properties.  

They texted and called multi times daily asking for more money. 

He'll just be on mortgage and title like any other transaction.