I am defining them with data, logic and common sense.

Avoiding Conflicts Between STR Guests and LTR Tenants:Clear Boundaries: Make sure that each space has clearly defined areas for privacy.

hahaYou know I love you mateThey have various inspections CheaperDigital and easy to understand portal Best if you need to do more inspections over a year as all data is tracked and in the same placeNo BS PDF’sWe love them mateThey are another component that we added in order to pretty much make our entire operation digital and to not be dependent on local and incompetent folks 👍

Cohosting can be a broad term, so it’s crucial to clearly define the tasks and responsibilities you're managing and differentiate yourself from others in your market.

The IRS defines eligibility by the occupancy of the property, how the mortgage is being used, and of course, the amount of the debt being paid.

Hi @Fiona Humphrey and @Melinda VaughnundefinedAnd anyone else on this thread.Melinda, what are some of the components you find necessary to set the contracts up correctly?

Below are some items I’ve seen in teaming agreements.Ownership Interest: Clearly define the percentage of ownership each party has in the property.

Much depends on how you define "emerging markets".

Also, it was not defined what caused the pipe to burst.

Here is a framework to think about how buying properties creates the most tax efficiency for you.The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so low value land properties mean more tax deduction.A value of your overall purchase will be assigned to the land or lot.You receive no near-term tax benefits for buying land.For example - If you buy a $2 MM industrial building outside a rural town on 5 acres, the land value could be $5k an acre.