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7 November 2024 | 45 replies
Definitely is more work to get things set up however.
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9 November 2024 | 44 replies
I then went and set up a payment plan to pay the property taxes.
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3 November 2024 | 8 replies
.- Also found terrible policies that owners had, that they didn't understand.4) Utilities: We check that all utilities are properly set up and cofirm or enroll in any Auto-Transfer of Service programs to avoid no heat during winter leading to frozen pipes.- Dealing with a very upset new owner client right now that previous PMC didn't handle the water account properly.
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3 November 2024 | 4 replies
You can even set-up an in person meeting or go down in-person.
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3 November 2024 | 17 replies
My team hasn't set up any STRs in the Dominican Republic but we had acquired some STRs in Costa Rica which we had thought we're going to turn out well but we had a few issues to note:- Cashflow issues: Since we are basing our reservations on another currency we couldn't charge as much as we were hoping for. - Finding a Good Team: Since there is a language barrier in place it was much harder to communicate with any cleaning companies/property managers we found.
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2 November 2024 | 2 replies
Costs of set up of Trust, Costs to attorney to set up note, monthly costs to service the mortgage.Just my guess.My thoughts are if you have reached the level of a trade or business, then yes, these costs would be deductible.
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3 November 2024 | 3 replies
I would like to get something setup to help connect all of the different teams you would need to do a full job from finance to maintenance and everything in between.
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4 November 2024 | 12 replies
Again though, as a CPA I let the attorneys work with clients and determine what is best as the DIY options might leave you with a void that renders the LLC (or any entity for that matter) set up ineffective and useless.
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5 November 2024 | 11 replies
In that way, they appreciate everything being turnkey, with no need to buy linens, kitchen ware, and furniture nor set up utilities.
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8 November 2024 | 47 replies
Initial set up was pretty easy.