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16 December 2024 | 3 replies
There is nothing illegal as long as the property is zoned correctly.
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16 December 2024 | 0 replies
This won't change the numbers at all, but it will correctly reflect the personal ownership of the RV.Since the RV is in our personal name, and our two LLCs use it for travel, should we treat the RV as a separate rental business (sole proprietor) and rent the RV out to our LLCs when needed for travel?
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20 December 2024 | 13 replies
Correct, it’s a long process with no guarantee of success.
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16 December 2024 | 2 replies
This is correct, but that .5% is IN ADDITION to all the other closing costs associated with a refinance (Title/Escrow Fees, prepaids, and depending on the bank, Underwriting / processor costs) - so in reality it can be a little more expensive to refinance with IRRRLs.
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15 December 2024 | 7 replies
We are looking to wholesale outside of our chosen market to help build capital for projects within our chosen market (Louisiana) as I have potential deals in other markets and am not confident in how to proceed with them contractually, (don't want to be stuck with a bill I can't handle currently and also want to ensure I'm operating correctly).
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16 December 2024 | 2 replies
Asking in the correct forum will get a better response.Read the RULES!
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18 December 2024 | 8 replies
If I am correct (sorry if I have that wrong), there isn't a big win in it for anyone, even an underperforming asset, to help someone get some experience on their listing.
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15 December 2024 | 25 replies
And those also only have a limited ability at best to generate a balance sheet, which you generally want to include on a 1065 return.came here looking for answers to exactly this question, and David is correct re: why.
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25 December 2024 | 22 replies
You’re correct—Airbnb and Vrbo don’t do credit checks, but many hosts screen guests through reviews, verified IDs, and guest profiles.