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My wife and I are about to put our WI lakehouse out as a STR this year. For liability purposes our financial advisor is recommending creating a LLC for managing all of the STR stuff. I'm in agreement but I'm not entir...
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How is President Trump going to effect the Real Estate Industry, will it benefit the investors or impact the market and investors?
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New to this, so please be nice :)1. If we meet all of the requirements and choose to take bonus depreciation on an STR in 2024 (to take advantage of the 2024 40%), would recapture occur if we decided to change use in ...
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I told the prospective tenant I was going to complete a background check and she said it should be clean. Background check came back with 15 collections (including from apartment complexes.) When I told the prospecti...
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I've received advise that our friendly STR loophole can not be used to characterize STR income/loss as non-passive on a California tax return. I can see an explicit exception in CA Tax Code § 17561 that says you can n...
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Hello everyone,
I’m new to real estate and recently purchased my first home in Little Rock, Arkansas. I plan to use two of the bedrooms for Airbnb short-term rentals. However, I’m unsure about the demand for Airbnb i...