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30 September 2024 | 46 replies
It costs about $2000 in Destin, FL for instance to convert a regular residential use to STR use permit if it's the first time the house being coverted for usage.
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22 September 2024 | 12 replies
BP has been great for me :)An update here on the Morning Side duplexes we bought in Detroit.
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26 September 2024 | 32 replies
And if you're losing money, you'd get that writeoff against your regular income plus the depreciation writeoff.Still, I'd find better areas where even if you paid retail or say 10% under retail, you can do a little better than lose 1k a month.
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27 September 2024 | 9 replies
The owner I know uses a local handyman service they've built a relationship with to handle one-off issues that come up and perform regular maintenance, and it sounds like you've already got cleaning locked down.
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25 September 2024 | 11 replies
I do have a handful of clients that have ended up using multiple CPAs just due to who their partners were on different deals, and even in those cases they almost always end up consolidating to a single CPA - taxes are enough of a headache without dealing with 3 different professionals who each only have a slice of the whole picture.If you are going to regularly be investing across the country, it doesn't hurt to work with a firm that has State and Local Tax (often referred to as "SALT") internal resources, though typically this does come from larger firms with larger fees.
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24 September 2024 | 22 replies
If you need to deal with property related information on a regular basis i recommend you cultivate a relationship with a Title company.
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27 September 2024 | 8 replies
You can definitely start with a regular conventional loan for your investment property and then buy a primary after.
26 September 2024 | 5 replies
The umbrella policy also covers things not included in a regular landlord liability policy.
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26 September 2024 | 0 replies
Short Term Rental Properties Investment blog has been updated with a dynamic approach to elimination of debt and usher the audience into the arena of DIY investment strategies.
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25 September 2024 | 2 replies
He's is the only member of the HOA.Two units are being rented out as regular annual rentals.Rest are medium term rentals (90 day) for a local hospital.Sp would that mean you can turn it into an apartment building?