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25 January 2025 | 10 replies
I would definitely look into seeing if there are any AirBNB arbitrage companies operating in the area that may be willing to take it on.
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10 January 2025 | 8 replies
You may be able to lean on the title company if they missed something, but generally if the deal closed and its not an issue of material disclosure or title or something its generally your issue now, the owner doesn't really have an obligation to comply if they closed according to the CD you signed.
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21 January 2025 | 15 replies
., AirBnB) as it will expose your property to bad actors.Law enforcement and the legal system seem to operate quite slowly out there.
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21 January 2025 | 59 replies
With running this "business" there will be operational input costs.
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7 February 2025 | 10 replies
The "easy" answer - short term rentals where your brother participates materially in the operations - this would mean 500+ hours a year.It sounds simple from a tax planning perspective.
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21 January 2025 | 6 replies
At $500/mo per door you would have $175,000 cash flow in a year before operating expenses.
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19 January 2025 | 46 replies
I am curious to learn how these operations are managed from abroad.From what I've seen, it's 100% possible to invest in real estate in the United States remotely.
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6 January 2025 | 3 replies
Ask specifically what is needed to comply.
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20 January 2025 | 11 replies
You could create an operating agreement granting one of you the powers - but it is a fair amount of energy/time/activity for someone to manage and find deals.
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4 February 2025 | 7 replies
Once the home is a rental, you can deduct operating expenses like property taxes, mortgage interest, insurance, and depreciation (over 27.5 years for long-term rentals).