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29 December 2022 | 10 replies
I had a guest trying to book for the next day, and the VRBO billing system was having problems, they told the guest to contact the host..
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6 December 2022 | 6 replies
If you are able to get REPS status, that would help tremendously.
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30 December 2022 | 4 replies
It is unclear if the LLC is a single member LLC or a multi-member LLC.Furthermore, everything regarding the rental are added up and summed and reported on the rental section of the return.Talk to your CPA as items relating to CAPEX and start-up may require to be capitalized.Talk to your CPA if you are eligible to offset rental losses with other forms of income such as W-2.Real Estate Professional status may be difficult for you to qualify if you are a salaried employee working 9-5.There may still be some workarounds.Best of luck.
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23 March 2021 | 58 replies
Or maybe move to another apartment that can accommodate you and be more flexible with your deployments and statuses.
30 December 2022 | 16 replies
Running an STR is more work, you have to respond to messages quickly, answer questions, make sure guests are happy.
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29 December 2022 | 15 replies
A good property management company is worth their weight in gold.
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9 April 2019 | 4 replies
He even keeps a count of how many guests his landlord has.
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4 February 2020 | 21 replies
@Jeannette Tang A great way to house hack these days is to rent a 2-5 bedroom unit and Airbnb the rest of the rooms to other guests, the cash flow will be very high compared to a regular rental property, but it will not be comfortable doing it with a spouse because there is not a lot of privacy.
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4 January 2023 | 24 replies
Hello fellow members- I have a problematic tenant who pays on time but has created other issues with noise and guests and now, a broken window!