
1 August 2024 | 3 replies
I’m really just looking for confirmation on what I think I know, advice, clarification.
2 August 2024 | 4 replies
I would think 1-2% increases for expenses make sense.

30 July 2024 | 2 replies
. - Conference ticket/registration- Hotel Room- Flight + other transportation- Meals on-site, etcConference experience costs are much more than just the registration fee.

1 August 2024 | 4 replies
Upgrades/repairs include:flooring (tile and carpet, entire house), painting (entire house), complete kitchen renovation with new appliances, cabinets, sink, lightingcomplete bathroom renovationsupgrade/replace ACupgrade/replace existing hot tub upgrade/replace furniture/bedsupgrade/replace old pier with newadd new kayaks, paddle boards, and bikesI am thinking anything that is removable (furniture, appliances, water toys, bikes, pier, etc) could qualify as an asset for the LLC and thus be used as a tax expense for the LLC.

1 August 2024 | 9 replies
What my thinking was, right now llc rent income is only $57600, however if I use the same LLC to manage other properties also then, including all the rent (short & long term) my llc rent income goes to 250000.

1 August 2024 | 13 replies
I think they call that a long term rental. :)Seriously, it will be treated like a LTR.

2 August 2024 | 10 replies
(I think)Talked to some title companies and they say i can feed it to my wife, then do a cash out and pay the other heir.

30 July 2024 | 16 replies
I think it's kind of funny that people always talk about doing your own due diligence as I thought that was pretty assumed with any investment, but I guess there are some people who may buy blindly like they do with stocks or whatever.
2 August 2024 | 15 replies
Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

1 August 2024 | 0 replies
Eventually we would like to fix up the short term rental in the Smokies as well, thinking that we could do this for approx. $5000.