Gather your business and personal tax returns, financial statements, articles of incorporation and other legal documents.”Vectra Bank - ColoVeritex, TX HELOCVictory Bank, portfolio lender, community bank.

I believe businesses should solve problems and add value to their customers rather than trying to sell them something they don't want or need.

Hello BP fam! I have a family member who will be staying in the ATL area from May 5th to May 21st in the ATL area. He's looking for a STR or rent by rooms while down there. He may be stationed there around oct/nov and...

Make the space adaptable for both short-term and mid-term rentals, incorporating smart amenities.

@Martin Nussbaum @Jason CollinsIt is important that you work with tax professionals who understand the unique tax consequences and planning opportunities surrounding STRs.If the average period of customer use is seven days or less (which would encompass nearly all AirBNBs, VRBOs, etc), the rental is not considered a rental activity under the passive activity loss rules.What this means is that whether one is a real estate professional or not does not matter. 

I'm interested in discussing cutting-edge techniques that professionals are using to adapt to the current market trends.Some areas of interest include:Technology Integration: How are you incorporating new technologies like AI, VR, or blockchain in your day-to-day operations?

I might think the tenant has poor manners in a situation like that but I wouldn't feel aggrieved in any way since they are just my customer not my friend.

Green buildings not only have lower operating costs but also offer health benefits for occupants.Renewable Energy Sources: Incorporating solar panels, wind turbines, and other renewable energy sources can significantly reduce energy costs and appeal to environmentally conscious consumers.Smart Home Technologies: From smart thermostats to energy-efficient lighting, smart home technologies help reduce a property's carbon footprint while providing convenience to occupants.Investing in the FutureInvesting in technology and sustainability is not just about being environmentally responsible; it's also a smart financial strategy.

You have security deposit and it's something you can now incorporate into new leases.

You might have a challenge with tenants/customers feeling uncomfortable next to a prison so getting the local insights might be valuable to you as well.