
25 November 2024 | 13 replies
That's a spreadsheet that doesn't transfer to a real life leasing scenario because its not permitted within the zoning code.If the property is zoned RM1, then perhaps you can lease to 8 unrelated individuals by converting the building into multiple units.

22 November 2024 | 7 replies
@John Kelly You’re right that transferring your homesteaded property to an LLC can often disqualify you from the homestead and veteran tax exemptions because these typically apply only to individuals, not LLCs.

23 November 2024 | 3 replies
When selling for sale by owner (FSBO), ensure all legal documentation is in order and consider consulting with a real estate professional or attorney to handle the lease transfer and legal aspects effectively.

25 November 2024 | 7 replies
@Charlie Martin Buying under an LLC offers liability protection and separates business finances, but it can complicate financing with higher rates and stricter terms, and lenders may still require a personal guarantee, impacting your DTI.For your first property, consider purchasing in your personal name for better loan terms and transferring it to an LLC later if needed, while using strong umbrella insurance to mitigate risk.

23 November 2024 | 9 replies
I’m also currently looking to upgrade to a software that allows me to transfer friends from PM to owner and will help me generate form 1099at the end of the year.

23 November 2024 | 15 replies
Consider transferring to an LLC after occupancy, keeping the due-on-sale clause in mind.This post does not create a CPA-Client relationship.

26 November 2024 | 22 replies
However, the only reference to Homeland Security I’ve seen is a post of a seeming “wish list” of investigative agencies by the OP in the Norada thread, who, if you read his posts, is obviously less than a reliable source of information and consumed by rage.

22 November 2024 | 5 replies
Why Reviews Are Crucial for Your Airbnb SuccessBuild Trust with Guests: Positive reviews show potential guests that your property is reliable and welcoming, making it more likely they’ll choose your space over others.Boost Visibility on Airbnb: Higher ratings mean your property is more likely to appear in search results, leading to more bookings and greater income potential.Learn and Improve: Reviews often provide actionable feedback.

22 November 2024 | 1 reply
Generally, I would be tree trimming once a year to cut back any branches hanging over the houses because of potential damage, but also because of insect transfer.

20 November 2024 | 1 reply
To be safe, consider starting with standard percentages or slightly reduced figures until you have reliable data on the property’s performance.