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25 March 2024 | 26 replies
After 2 weeks of forms and all kinds of little add ons to the fee schedule that magically seemed to appear with each new form packet, my wife and I simply told them no thanks..we were tired of the games.
25 March 2024 | 214 replies
Australian agents appear to earn the same as we do.
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23 March 2024 | 8 replies
From my research, this budget appears to be insufficient for acquiring most MHPs currently on the market.
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23 March 2024 | 7 replies
At least in our market, we've already had a correction that appeared to bottom out in Q1 of 2023 when sentiment was at an all time low.
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23 March 2024 | 9 replies
As for the bank accounts, I'm yet to decide if I need to create a separate bank account for each series, and I'm leaning towards doing so because it will provide separate asset protection.From a tax planning standpoint, I'm still researching the best set-up, but it appears that separate EIN for each series is the way to go for liability protection as well.
22 March 2024 | 12 replies
I've spotted some trends in the STR market and am eager for some insights.It appears there's a surge in new listings, causing occupancy rates to dip even as booked nights go up.
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22 March 2024 | 6 replies
If the appearance of being in an LLC prevents one law suit it is well worth the cost but it may not ever prevent a law suit.
21 March 2024 | 4 replies
Well, it appears that Tik Tok is going away, so that's good.
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22 March 2024 | 13 replies
If it were an exclusive buyers agreement and insisted on 3% with no contingencies, that is a lot more rare and broker-sided but from the terms you've provided, it appears he's just trying to protect himself from timewasters.
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21 March 2024 | 3 replies
Ask your accountant to read Regs 1.469 and CCA Memo 202151005.You can have Nonpassive Schedule Es under certain circumstances but it appears he is listing it as passive, therefore creating suspended losses.Here is a previous thread: https://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals