Once you take over a property as an owner occupant, if it is a single family or condo you can live in it for 1 year and that automatically exempts your unit from rent control.

The IRS automatically classified your LLC as a partnership when you requested the EIN, which requires filing Form 1065 and issuing K-1s to both of you.

Just because it’s come down does not it will bounce back automatically in a timely fashion.

@Andrew Slezak we're pretty aggressive about rent increases for our clients, but some of them won't approve us to pursue.So, don't automatically blame the PMC!

Requires some pre-planning if the ceiling height exists. 

I plan to negotiate the rent and I want to present my proposal to show how I’ll manage the property responsibly.

BP creates the impression that if you're not buying, you're automatically in 'analysis paralysis.' 

Some are automatic denials, some are measured on a scale of 0 - 3.

STRs also avoid automatic classification as passive if rented for seven days or fewer per tenant.To maximize tax benefits, maintain detailed logs of all hours worked on activities like tenant communication, cleaning, maintenance, and marketing.

The lease should automatically switch to a month to month agreement after the expiration of the 1 yr. agreement.