I keep the lease simple: One year and all tenants are jointly and severally liable.

If I am filing jointly with my wife and she manages the STR (and passes materially participate test), can we still benefit from this?

We take great pride in supporting our partners and ensuring they have the tools and knowledge they need to succeed.Moving ForwardI genuinely appreciate your feedback, and I'm committed to improving our program and addressing any issues you’ve experienced.

When people express concerns about starting an Airbnb in smaller markets, it genuinely amuses me, as this experience has proven that success is not limited by location.

Hi Jasmine,I just got wind of your concerns, and I’m genuinely sorry to only be hearing about this now.

While subsidies and other initiatives have their merits, I genuinely believe that adjusting zoning laws to encourage diverse housing options could have the biggest impact across Texas.If you're ever interested in discussing this further or exploring investment opportunities in Austin or even Phoenix, feel free to reach out.

The purpose was for us to fix up the property and to flip it.Ownership Structure: My aunt and I are joint tenants, each holding a 50/50 ownership stake in the property.

BiggerPockets groups —lots of solid resources and a supportive community here or at local REI meetups; you'll find folks willing to share tips (and maybe even some potential partners).Here are some other strategies that could also help you scale faster:Partnerships/Joint Ventures: Teaming up with others, especially experienced investors or people with capital but limited time.

These are some options that I am considering. 1) Getting an LLC and a Joint Venture agreement to partner with a long time friend of mine but somehow separate our business from our individual marriages?

As long as one person is a real estate professional, you can usually use rental losses offset joint income.