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10 July 2024 | 11 replies
Looking for a remote investment rental in the Tampa, Clearwater and St.
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11 July 2024 | 9 replies
So just be sure that this doesn't qualify as offering significant services which would change you tax filing status.Usually if you refer a guest to a boat rental place or whatever and get nothing, it isn't an issue, but sometimes when offer the ability to book something like a chef, it can be construed as significant service offering.Double check with your tax pro just to be sure.
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7 July 2024 | 15 replies
Hey BP people, I created a spreadsheet to help underwrite and analyze airbnb and short term rentals.
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12 July 2024 | 34 replies
Same with a rental , tenants have to wait till its either fixed or replaced .
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12 July 2024 | 6 replies
So....... with my previous CPA (who has since unexpectedly retired) we did a cost segregation study on an asset that was placed into service in 2021 which broke down the bonus depreciable items into 3 buckets, a 15 year bucket, a 7 year bucket, a 5 year bucket and the rest would be on a 39 year straight line depreciation schedule as it is a short term rental.
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8 July 2024 | 0 replies
When I bought this rental in 2021, everyone was saying the RE market was about to crash.
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10 July 2024 | 5 replies
I personally am using the "value add" strategy to get my rentals to cash flow.
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10 July 2024 | 11 replies
Then branch out to do more deals that way for buy and hold rentals once we get settled into our new home.
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11 July 2024 | 5 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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7 July 2024 | 14 replies
The First Step in vacation rental financing: Who, What, Where and Why?