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7 September 2021 | 3 replies
As @Tarik Turner referenced, the other way that some lenders allow for STR properties is by simply diverting all STR-use properties into their "No DSCR" Programs.
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16 May 2022 | 14 replies
Also see if you can transfer your property tax basis.If you don’t sell, your insurance costs will eventually climb to 1-2k/month which simply isn’t worth it imo.
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4 October 2021 | 2 replies
No, I believe depreciation recapture simply gets added to your ordinary income, and then taxed accordingly (Max 25% for the recapture).
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3 October 2021 | 6 replies
@Aaron Vargas You simply setup a bank account for each property to track the rents and expenses for the property and distribute the excess when you want.
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10 September 2021 | 36 replies
What would stop you from simply managing the STR yourself?
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12 September 2021 | 7 replies
It is simply more risk for more reward.
8 September 2021 | 3 replies
I have looked into property radar... and most properties simply list an LLC and a mailing address.
8 September 2021 | 3 replies
Any contracting business large enough to do this would simply do it themselves .
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18 September 2021 | 15 replies
@Srushti KhairnarBecause you are the owner I believe therefore you are the person paying the property manager, simply for that reason the property manager needs to know that your ears should be the first years to hear anything about the property.
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8 September 2021 | 0 replies
Single-family home sales rebounded from July’s declines with an 8.5 percent increase, as 9,890 units sold versus 9,118 in August 2020.