Matthew Steele
Tenant moved out sort of?
2 February 2025 | 5 replies
You'll just add to your losses and still have the same mess to clean up.The process for abandoned property is to give written notice to the tenant at their last known address (your rental).
Nick Rutkowski
Not Going As Planned
30 January 2025 | 7 replies
Couple quick swipes of the planer, cleaned up the sides to get rid of the bumps, nice and smooth.
Tomoko Hale
A possible first STR property?
28 January 2025 | 29 replies
You have to set them up, market, book and clean.
Armando Escarcega
Looking for investment properties
1 February 2025 | 0 replies
We handle everything—from guest inquiries to maintenance—allowing you to enjoy the freedom and flexibility you deserve, no matter where you live.Some of our main services include: FREE maintenance and regular inspections (yes, you read that correctly—free), professional cleaning management, supply management, smart pricing optimization, 24/7 guest and homeowner support, and more!
Damini Dutta
Thoughts about S.H.A.R. or SCDC
31 January 2025 | 2 replies
They develop, they build, they finance, they property manage, they will have HAO, cleaning crew etc. etc. etc. so the subsidiary companies make money every step of the way.From investor perspective: The investor pay $15 K to reserve the right to purchase 25 multiplex over the year of next 5 years. 5 each year.
David Martinez
Mid-term Rentals in Pensacola, FL
28 January 2025 | 3 replies
Stand out, be unique, and offer something of value that you would love if you were a traveler (cleaning service, amenities, a theme, etc.)Happy to help you find a place if you want some help on the agent side.
Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 6 replies
Syndication Reporting IssuesMissing Form 8918 for reportable transactionsInconsistent investor disclosuresRequired registrations skippedWhat Doesn't Actually Matter:(Despite What Your Uncle's CPA Says)Special AllocationsNormal promote structuresStandard waterfall provisionsTypical developer promotesReality: Unless extremely aggressive, IRS rarely caresTechnical DocumentationMinor §704(b) gapsCapital account glitchesTechnical allocation languageTruth: Unless hiding something biggerProperty Value AllocationsNormal basis step-upsTypical appreciation splitsStandard promote calculationsReal World Example:🏢 100-unit apartment complex4 partners, $5M dealDeveloper promote structure= Zero IRS interestSame Deal With Red Flags:🏢 100-unit apartment complexHidden partner arrangementsArtificial loss allocationsUnreported debt shifts= IRS AttentionPractical Protection Steps:Basic Documentation✅ Clean operating agreement✅ Economic substance✅ Partner contributions tracked(Don't need War & Peace complexity)Economic Reality✅ Allocations match economics✅ Real money movement✅ Actual partner participationClean Reporting✅ Consistent K-1s✅ Required forms filed✅ Clear communicationThe "Sleep Well" Test:Can you explain your structure to an IRS agent without sweating?
Mary Peale
Seeking Advice on STR Profitability & Strategic Adjustments for Year 2
15 January 2025 | 15 replies
Are you not charging the guests a cleaning fee?
Alec Jacobs
What bank account should I use for my rental property?
29 January 2025 | 4 replies
Keeping clean records from day one really helps when tax season rolls around.
Rereloluwa Fatunmbi
Seeking Advice to Improve STR Performance in East Downtown Houston
22 January 2025 | 22 replies
Very easy to clean and it still looks pretty good instead of flat or matte sheens.