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15 February 2025 | 21 replies
I am not sure what the availability of cleaners in that area so I would spend time right now see what is there before committing to a property.Also, if you are spending 2k a year on fixing or replacing stuff, you are getting the wrong guests.
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11 February 2025 | 25 replies
However, we just started STR property management and it would be very helpful/look more professional to have the ability to esign contracts, autogenerate payout statements, direct deposit payouts, ect.
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20 February 2025 | 4 replies
Quote from @Alex Yang: Professional remodeler, first time builder.
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20 February 2025 | 0 replies
Next property will find a professional Realtor who is experienced with marketing their listings and closing deals.
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13 February 2025 | 1 reply
Ideally, meeting with clients at least once to twice a year if their situation warrants it, especially if they have real estate professional or STR loophole.
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21 February 2025 | 1 reply
I can see an explicit exception in CA Tax Code § 17561 that says you can not use the qualifications in Section 469(c)(7) (Real estate professional) to render that income as non-passive, but I see no callout for 1.469-1T and, as such - as a non-CPA - I do not (yet) see a reason why we cannot follow the same rules for CA that we do for our federal taxes; e.g., if the business is not a "rental" business per tax code, we count that income as non-passive and offset other income (W2, etc) similarly.Does anybody else have some guidance (or opinions) on this matter?
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21 January 2025 | 14 replies
They want to pick up the phone and call or text and get an instant response from their cleaners.
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19 February 2025 | 10 replies
I’m a professional civil engineer with years of experience in construction and entrepreneurship.
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20 February 2025 | 1 reply
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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20 February 2025 | 32 replies
For example, my cleaner and handyman at my STR have separate cards so the only thing that ever gets charged to that card is that expense.