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18 October 2024 | 7 replies
He chose a payment date of the 14th of every month on automatic withdrawal .I called the office of Avail.co earlier today, and they said some states consider the "paid" date to be whatever date the tenant's money leaves the tenant's bank account, not the date the landlord receives the money.
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16 October 2024 | 3 replies
What a good app to keep track of leases with tenants and collected rent money each month and automatically apply late fees if they don't pay on time?
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18 October 2024 | 11 replies
Under this rule, if your average stay is seven days or less and you materially participate in managing the property, you can treat it as non-passive income and potentially use tax losses (like depreciation) to offset other income.
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16 October 2024 | 2 replies
A living in trust could speed the transfer process up possibly.Good Luck!
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20 October 2024 | 147 replies
Zillow updates automatically now because it is tied to the MLS.
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17 October 2024 | 20 replies
In-unit laundry is a must-have, and high-speed internet is essential for your guests, especially those staying for work purposes.
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17 October 2024 | 10 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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21 October 2024 | 13 replies
But at this point I am going to reduce it to 2 questions so I don't give you a headache. 1) if a property is being sold as is, is that an automatic disqualification?
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15 October 2024 | 2 replies
Got agency credit with a fixed rate for seven years, will probably sell before that point.
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17 October 2024 | 14 replies
You can speed up depreciation exactly the same for STR versus LTR.