You can probably make up for the perceived loss through the reinvestment in your US business.

An annual business tax as a hotel of $50 and collection and remittance of transient occupancy tax of 12% from renters is required of all short-term vacation rental operators.

I asked him a lot of questions about the business and as soon as I got home I was doing research and joining RE forums focused on multi family.

There is so many ways it can go wrong and being a greater negative for parties involved. 

I work with 4 electricians , 3 plumbers , 4 HVAC , 5 or 6 framers , if 1 is busy I use another . 

We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.

We have always said we will run our business, as much as possible, as if it's 10x the size it currently is.

It’s online only but purpose built for business owners and they have automation for those applying the Profit First cash management system.

@Avani PatelFor my flipping business, I prefer to use fewer software programs to streamline things.

My mortgage will be $2,005/month, and I’m budgeting up to $600/month for utilities, leaving a potential monthly cash flow of $995.I also set up an LLC and a business account to track rental income and expenses.Questions:Do you have any advice for me as a young real estate investor?