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6 May 2024 | 27 replies
It's NOT to "sell" a person on renting, NO, it's to just get them to click on it that's it, HOOK EM IN, get em to open the listing(C) REEL EM IN!
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6 May 2024 | 30 replies
Personally, I think it’s important to continue to stay creative and generate new ideas on all facets of the business as legal restrictions continue to present themselves.Have a good one!
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6 May 2024 | 14 replies
I would personally screen my MTR tenants and have them sign a lease.
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6 May 2024 | 1 reply
The cash came from my own personal savings and my father who invested in this deal with me.
5 May 2024 | 5 replies
Personal assets/liabilities:Primary Residence: Have less than 20% equity in this, rest is owned by bank at high interest rate close to 7%.
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5 May 2024 | 10 replies
Thanks Linda Weygant have you personally done a cost seg on an SFR/STR before?
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5 May 2024 | 6 replies
Furnishings, such as the $35,000 you spent on furnishings, would generally be considered personal property rather than real property and would not be included in the cost of the property.In a cost segregation study, the goal is to identify and classify the various components of a property as either real property (land and buildings) or personal property (furnishings, equipment, etc.).
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5 May 2024 | 2 replies
Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.
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6 May 2024 | 12 replies
And a washer & dryer are critical for those of us traveling away from home for more than a few days.One of the things I love about our small 2-person Airbnb is that I never have to worry about big, illegal, violent drug parties or families having a field day jumping up and down on our beds.If single people or couples are likely to be visiting Branson, they make awesome guests.
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5 May 2024 | 1 reply
Whether it's about real estate investing, personal finance, or any other topic, I want to empower others with the tools they need to succeed without expecting anything in return.However, not everyone shares this philosophy.