This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

This PM will be trusted with the accounting, collection, and transfer, of tens of thousands of your dollars, or more.

@Johnny SmithThere are other ways to reduce your taxes besides real estate.I recommend finding a tax strategist who specializes in real estate taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

You can basic info on short term rental projections and occupancy rates with a free account, but will have to purchase a membership to get detailed info. 

I am planning to include the estimated property value and the funds that will be transferred into the business bank accounts.

The 150k is what's leftover after 30k/30k put aside for our personal and property emergency accounts.

I'd be letting my tenant know that their goverment is failing them.Actually, the HAP contract does say that we can charge the HA a late fee after the first two months of occupancy if reasonable and otherwise accounted for in the lease.

If you do not know how to control money well, adding more to your bank account will only create new problems.

Once ignored my own rule and, well, let's just say my accountant wasn't thrilled.Have a Clear Exit Strategy: Knowing whether you want to flip, rent, or hold onto the property helps steer your decisions.

One thing Airbnb and VRBO can not do is help schedule cleaning and maintenance tasks, owner accounting reports, and direct booking options that hosts need to go to next level.