With this additional expense, that would mean depleting the savings we’ve worked so hard to build over the past few years.To add to the situation, my wife and I are expecting our first baby in just two weeks!

🎉I’ve helped clients transition into STR ownership before, and your situation brings up some great questions.

When this is applied to frontage lot situations your development costs are minimal because subdivision approval is NOT required.  

Actually out here in the west with our homeless situations that are out of control in certain areas they cause all sorts of fires.

What would you do in this specific situation?

But also understanding that I will be asked questions that I don't know, and I need understand that it is okay not to know everything in these situations.

Also, for your shared laundry situation, I recommend PayRange.

If you put games out and they are all missing pieces and useless it will create situations for bad reviews and possible forced refunds on Airbnb. 

Do you need an S-Corp depends on your overall tax situation and profit you are expecting form this flip.This post does not create a CPA-Client relationship.

—namely, Isaac Winkles, reporting companies for which Isaac Winkles is the beneficial owner or applicant, the National Small Business Association, and members of the National Small Business Association (as of March 1, 2024)—are not currently required to report their beneficial ownership information to FinCEN at this time.This email is not intended to provide legal advice or serve as a substitute for legal research to address specific situations.