We have to obtain a hotel license for each property and collect sales and tourist development taxes.

You should have an honest discussion with yourself and your partner about your long-term goals and then decide how you want to proceed.

I like to write my posts in word and copy and paste them into biggerpockets. When I paste it reverses the order of paragraphs (ie. the last paragraph is first and the first paragraph is last). Anyone else have this is...

This does not include my work breakdown but should be fairly self-evident. 1. obtain a formal application to collect information2.

Feel free to reach out if you'd like to discuss further!

I would discuss with your CPA and ask him the impact of the pass through items on your personal situation.Tom

(b) Required Documentation The Mortgagee must obtain a copy of the Borrower’s military orders evidencing the Borrower’s Active Duty status and that the duty station is more than 100 miles from the subject Property.

There are a few good discussions about that here in the forums.

Don't hesitate to post any questions on the forum here and to also follow all the various discussions.

I started a post regarding obtain licensing in DC and got great information.