
5 April 2024 | 8 replies
Thus since in both cases you as a short-term landlord are merely providing basic services to your short-term guests (and receiving passive income in return), I would think this meets the requirements for Schedule E and I would think that you can report the income on Schedule E even if you don't own the property, thus avoiding the 15.3% self-employment tax?
3 April 2024 | 4 replies
Found the forum while looking for information about Syndication as a tool to recruit Investment.I am based in the US and Mexico and currently just completed a mixed Vacation Rental Boutique building project in Tulum, Riviera Maya, Mexico.Looking forward to develop additional projects in the area which is blessed with high volume of local and foreign visitors.

5 April 2024 | 2 replies
Is that when you add an addition on top of an existing property?

4 April 2024 | 0 replies
I have a new rental and received a tenant application, whereby the tenant puts workers comp settlement to qualify for the income requirement.

3 April 2024 | 7 replies
I've used templates from BP and other sites like Avail as a start and then asked my attorney to incorporate additional language needed for MTRs like the utility caps, monthly cleanings, etc.

4 April 2024 | 14 replies
You’ll receive notifications when there is conversation in the forums you follow or if a user mentions those keywords—so keep them updated often!
5 April 2024 | 8 replies
Your feedback make sense.1) I am in the North east so buying more doors is an arduous task so I don't plan to be a RE investor with many doors (because I won't have enough money).2) Other reason is that even if I somehow got another rental, chances of making positive cashflow given current prices/interest rates is remote (especially given I am not a seasoned RE investor).3) I don't have an urgent need for money.Given these three points, I don't know what passive profits would I apply my rental loss of $26K against...unless you can think of a way I can use this loss to ease my way into an additional rental.Else, I agree, I can hold onto the rental for as long as I need to and then sell and use the loss then.Thanks for the guidance!

5 April 2024 | 0 replies
Additionally the North Augusta Brick Pond, Hammonds Ferry Restaurants, The River View Recreation Center and both North Augusta, as well as Augusta Downtown are within walking distance.

4 April 2024 | 1 reply
my experience is that as a buyer I have not received responses on properties for sale except at one time when a wholesaler was selling a property outside of Abilene Tx in a very small town.

3 April 2024 | 2 replies
If you don't get a response then you should proceed as if they did not receive notice.