James Stoddard
ADU Garage Conversion
16 July 2024 | 1 reply
This structural connection between the ADU and the main house typically requires engineering calculations to ensure proper load distribution and structural integrity.2.
Aaron Wilkins
Best way to become landlord without an LLC
18 July 2024 | 7 replies
Also, I personally haven’t been able to find cases where having an LLC specifically helped a person in a real estate lawsuit.The one thing the LLC does help me with is being very very organized - I treat each property as a separate business with their own bank account, and take distributions from them.
Joshua Burgeson
Advise for Banking / Accounting for STR Management Company
16 July 2024 | 8 replies
I also have a local bookkeeper, QBO, Bill.com & generate owner statements in OwnerRez.We currently have 23 properties under management and am utilizing trust accounting to the best of my abilities (although we are not required to in our state) but everything is really inefficient when it comes time to do monthly reconciliation and distributions.
Daniel Purcell
New Orleans STR Rules - Simplified (Residential Version)
16 July 2024 | 8 replies
Although the document attempts to define a broad distribution of situations, it is open to interpretation.Here are the basics for all residential STR....r's?
Lou Croce
Motivated Seller Leads?
15 July 2024 | 33 replies
The things you need to watch out for are the price you pay and how leads are distributed.
Evelyn Guo
K1 loss tax report for non-resident state (NC)
13 July 2024 | 10 replies
The result is multiplied by the percentage obtained when dividing the portion of total federal grossincome derived from North Carolina sources, as adjusted, by the total federal gross income,as adjusted.
Glen Friedman
Fund That Flip (FTF) - 87% LOSS - be careful
16 July 2024 | 15 replies
While the outcome is uncertain, to the extent our effort is successful, it is our intent to distribute any recovered proceeds to all affected.
Don Konipol
How Technology Changed My Real Estate Business in the Last 25 Years
13 July 2024 | 3 replies
Further, we were writing about 40 checks and mailing them to our investors as monthly distributions.
Terra Padgett
UNpredictable Cash Flow
16 July 2024 | 33 replies
The investor just takes the additional reserves as an owner distribution.My personal distributions are less than 20 percent of the monthly gross revenue.
Rafael Ro
Short Term Beach Rental In California
11 July 2024 | 24 replies
Also, regarding SB584, the tax only applies to STR operators who derive $100k from STRs in the previous year.