
16 September 2024 | 6 replies
I do not have an attorney for chicago as crook county is one place I would stay away from.

16 September 2024 | 5 replies
I know that I can not deny an ESA for a tenant, but can I deny their guests from bringing ESA animals when they visit or stay overnight?

16 September 2024 | 5 replies
What I mean is...they don't get tenants to over pay and thus the tenants can't afford to stay there long term.

19 September 2024 | 43 replies
I would stay away from Fund That Flip if this is your first or second flip.

15 September 2024 | 11 replies
The key factor is ensuring the property qualifies for favorable tax treatment by adhering to IRS rules regarding short-term rentals and material participation.For the 7-day rule, the IRS requires that:The average guest stay must be seven days or less for the property to qualify as a short-term rental.If the average stay is 30 days or less, you must provide substantial services similar to what hotels offer, such as daily cleaning or concierge services.Regarding material participation, to further classify the income as non-passive, you must meet one of the following criteria:You spend more than 500 hours actively managing the rental in a year.You manage the business yourself and spend at least 100 hours, with your involvement exceeding that of any other person involved in the rental.Please note there are actually 7 ways to qualify, the above two are the most common.

18 September 2024 | 23 replies
I will be greatfull if you can give your expert opinion on this property:Location : Lincoln, NEhome price: $380Krental income: $3600/per month (4 units)Im planning to stay in one apartment and mange the rest myself.

16 September 2024 | 6 replies
If they are interested in arbitrage they will work with a well-funded company like Sonder or Avant Stay or Marriott Apartment and can sign 50-100 + leases at a time.

17 September 2024 | 17 replies
If you’re staying long-term and can manage the costs, refinancing could be advantageous.

15 September 2024 | 3 replies
It hopefully would help them stay happy living there.

18 September 2024 | 47 replies
I don’t actually know about such situations, as I’d think it useless to file a Stay of the Writ of Possession at that time… This is way above my limited knowledge.