It's crucial to maintain thorough documentation of your hours, as the IRS may require proof of your time spent on real estate activities if you claim REPS.

An inspection is crucial to catch any major issues upfront.

Position these as limited-time deals to attract budget-conscious travelers.Be Responsive and Personable: Guests often book based on their interaction with a host.

Based on some of the previous similar threads, it seems that having a good cross-border team is a crucial step in this game.

All this to say your repair partner is going to be crucial to your success. 

Your insights are crucial as I transition into this exciting venture.

Do your homework first - then you'll be ready for a more meaningful conversation with a landlord.Best...Thanks for your response. so I have researched the rates and I understand that screening a tenant is crucial. mu biggest concerns are the carrying costs until a tenant is filled as I’ve heard the process can take up to 3 months to find a tenant.

This portal provides owners with full visibility into all reservations, allowing you to see detailed booking information, including rates and sources like Airbnb or Vrbo.Transparency is crucial for building a successful business, and platforms like Guesty enable real-time access to booking data, ensuring owners are always up-to-date with rates and reservation details.

Risk mitigation is crucial, and learning from past experiences is beneficial.

It's crucial that this allocation is reasonable and well-documented to withstand IRS scrutiny.