David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
You would essentially be working 50-60 hour weeks when combining with your full-time job and the real estate to qualify.If you have a detailed and accurate hours log, it is possible but just note that it may raise scrutiny by the IRS.
Erica Dike
Design Dilemmas: What's your biggest struggle with designing your vacation rental?
24 January 2025 | 25 replies
For durability check the max weight and look for performance fabric options.
Tyler Davis
QuickBooks Plan for Managing Rental Properties
7 January 2025 | 3 replies
With Plus, you can use Classes to separate properties and accurately track income and expenses by unit.
Steve Mitrano
Flagstar Bank & LLC Transfer
12 January 2025 | 8 replies
Some of the advice you're getting here is not entirely accurate.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
Do they suggest how to enter the transaction accurately or enter an adjusting Journal Entry.
Yamil Naf
Seeking Advice: Raising $160K for a Second Short-Term Rental Investment in FL
15 January 2025 | 9 replies
I currently own a successful short-term rental in Fort Lauderdale and have identified a new property nearby that I’m confident will perform well.
Sabian Ripplinger
should i use hard money to grow quicker
23 January 2025 | 7 replies
Lenders that don’t require an appraisal will perform a desktop appraisal but will typically have a very conservative view on the value of the property to protect the company’s investment.
Joy Daniels
Pets and Service animals at STR
18 January 2025 | 15 replies
People who have service dogs (or horses, as these are the only 2 service animals) that are genuine have no issue disclosing that on the front end and can answer the 2 questions easily - is the animal necessary for a disability, and what specific tasks has the dog (or horse, if you're getting one of those) been trained to perform?
Kiryl Ulanovich
Help me please with my wholesale learning
8 January 2025 | 1 reply
Please, those who have already done wholesale, answer whether the chain of actions that WHOLESALER should perform is correct or not, maybe there is no need to do some steps or actions at all, please explain me those who have already done wholesale, thank you very much.
Randall Gonzalez
10K Club Jerry Norton - Who's in?
13 January 2025 | 18 replies
its genius really.. most bird dogs work for locals on a performance basis and don't have to pay the investor to bring them deals..