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2 November 2021 | 5 replies
I've read conflicting information about what triggers you to have to pay self-employment tax on your short-term rentals.There seems to be a consensus that the following does:Airport TransportationProviding cooked mealsOffering ToursCleaning during the guests' stayDecorating the property for a party as a serviceI'm not sure if these would cause me to have to pay self-employment taxes, as I've seen these items on a couple of lists but not most:Providing a coffee stationProviding a welcome basket with food itemsProviding bikes and kayaks for the guests to useDoes anyone know where the line is of what you can and cannot do and provide?
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1 November 2021 | 0 replies
At that point all parties new that I was serious about the deal.
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4 November 2021 | 12 replies
When going after damages you need to prove that you tried to mitigate damages (i.e. relisting it with the intent to rent to another party).
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4 November 2022 | 41 replies
What did both parties do exactly?
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2 November 2021 | 1 reply
The Lease is an auto renew, but for one year, so it can be non renewed by either party, but a rent schedule is included such that if it is renewed the amount is specified.
5 November 2021 | 8 replies
The divorce details could make this a trickier process but the party who wants to sell can file for a partition to have the court force a sale.Another option would be for the person who wants to keep the property to get a refinance, take the other borrower off the loan and execute a quit claim deed.
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25 June 2022 | 9 replies
It seems like the tricky part is to determine what amount would you start your offer that would seem to be generous enough for them to consider / take / start of as a negotiation point.
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8 November 2021 | 6 replies
It must seem fair and equitable to all parties involved.
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5 November 2021 | 58 replies
Your situation revolves around the importance of hiring a property manager or third party to take care of issues such as the one you are facing now.
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26 January 2022 | 9 replies
The toughest part is starting off but there are websites like REWW.com that can help you connect with buyers/sellers through either phone calls or direct mail campaigns.