Jill Young
85% LTV Loan for one property with 3 STRs in Texas
27 January 2025 | 10 replies
Now you are saying you have no experience owning/operating an STR, that's another hit.
William Coet
AI (artificial intelligence) and What Markets Will Benefit
28 January 2025 | 1 reply
For instance, in cities with lots of medical clinics, salons, or hotels, AI automation could help businesses optimize daily operations, reduce costs, and provide better service.
Paul Stewart
STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
If you are a STR operator how do you deal with remitting and paying tax?
Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 5 replies
Syndication Reporting IssuesMissing Form 8918 for reportable transactionsInconsistent investor disclosuresRequired registrations skippedWhat Doesn't Actually Matter:(Despite What Your Uncle's CPA Says)Special AllocationsNormal promote structuresStandard waterfall provisionsTypical developer promotesReality: Unless extremely aggressive, IRS rarely caresTechnical DocumentationMinor §704(b) gapsCapital account glitchesTechnical allocation languageTruth: Unless hiding something biggerProperty Value AllocationsNormal basis step-upsTypical appreciation splitsStandard promote calculationsReal World Example:🏢 100-unit apartment complex4 partners, $5M dealDeveloper promote structure= Zero IRS interestSame Deal With Red Flags:🏢 100-unit apartment complexHidden partner arrangementsArtificial loss allocationsUnreported debt shifts= IRS AttentionPractical Protection Steps:Basic Documentation✅ Clean operating agreement✅ Economic substance✅ Partner contributions tracked(Don't need War & Peace complexity)Economic Reality✅ Allocations match economics✅ Real money movement✅ Actual partner participationClean Reporting✅ Consistent K-1s✅ Required forms filed✅ Clear communicationThe "Sleep Well" Test:Can you explain your structure to an IRS agent without sweating?
Brandon Larson
Please Help: Property Management Policy Binder
28 January 2025 | 6 replies
As a sole operator, you have all the policies and procedures in your head and can apply them to many properties without referring to a binder.
Nina Erlandson
Has anyone used Obie Insurance?
28 January 2025 | 56 replies
Its just so much more seamless than any other experience I have had to date.
Kris L.
Agent Conundrum in Dunedin
23 January 2025 | 2 replies
The other is a smaller operation which does a lot of business in the specific neighborhood the house is in.
Alex Silang
Mass deportations: will it affect rental markets?
22 January 2025 | 61 replies
Dr's, Nurses, Electricians, heavy equipment operators etc etc..
Gabe Goudreau
Acquiring Properties With Different Partnership Structures
13 January 2025 | 7 replies
I get into contract in my operating company and then assign the contract to the new LLC prior to closing.
Brian Fisher
Pocono Short-Term Rental Disaster - Management, Legal, Insurance?
29 January 2025 | 3 replies
It is important to remember you own real estate in the Poconos and you are choosing to operate a STR business.