With an LLC, you may be able to deduct business expenses more effectively and avoid double taxation.

@Anthony Finelli check your mortgage paperwork for the Truth-In-Lending form to find your APR.APR is your effective interest rate including interest, MIP and closing costs.If you can refinance the rental at a cheaper rate than the APR, then you should!

Some companies may include in their contract that property management fees much be paid for the length of the agreement regardless of if the property is sold or removed from their management.

I have a calculator (semi-ugly but effective excel sheet) I use to look at the numbers on all 1031 exchanges I’m considering.Let me know if you want help with the calculations

Additionally, working in a small-town market taught us how to effectively price properties for faster sales without compromising profit.

I also just got this email about a renewal (only a partial quote) :Effective January 2, 2025, annual subscriptions will be priced at $179, and $129 for add-on units.

@James Wise MICHIGAN UPDATE: new law went into effect January 2, that landlords can no longer discriminate on tenant income source.

Currently you have a STR lease and can effectively move anywhere the job market takes you.

They have been very professional and effective so far.

You would have to go after the one individual for non-payment and you could only remove the other three by going through the legal process like you would for someone on a verbal agreement, which puts you in a he-said, she-said situation.