Let’s leverage our combined expertise to thrive in the dynamic world of real estate.Looking forward to engaging with this community and forging meaningful connections in Orlando!

However, drawing from my success with two STR properties, I ventured into "Arbitrage" to leverage my expertise.

Had the tenant let you know after they got the January bill and the water company didn't work out a deal with them, I might pay 50%....but the tenant dropped the ball big time and I wouldn't reward that behaviour. 

I hope to learn from the collective expertise of the members on BP and build a local team in Milwaukee. 

While my sales skills might be polished, I know there's a wealth of specialized wisdom waiting to be uncovered.And why, you might ask, am I drawn to this virtual hub of expertise and camaraderie?

I'm exclusively using the Fannie mae Healthy Housing rewards now to remodel any affordable housing as removing lead and asbestos is a big profit center now.

I would only partner with someone if there were "synergies" where they had knowledge and expertise where I did not and where we had alignment in our approach and goals.

Accounting firms typically have nothing to do with this process unless somehow the title company subcontracted the preparation of the 8288 to them (which really isn’t necessary as it doesn’t require tax expertise, only familiarity with the FIRPTA procedures in general, which any title co who’s worked with a sale by a foreign person would likely know).This is indeed a weird situation and it definitely is unsupported by any authority in the code and regulations to send the withholding tax amount to an accounting firm acting as a middle man for the IRS unless they somehow expressly made an agreement to do so.Good luck with that

Thank you, looking forward to both the challenges and rewards REI has to offer.

While STR and LTR both involve real estate, they are drastically difference.One is more like a business and the other is more like an investment.You can make more money through a STR, the question is do you have the expertise in the business and are you willing to put in the extra time / effort.