Shannon D.
Issues with Vinyl Flooring Installed by New Construction Property
31 January 2024 | 12 replies
If the builder performs a poor installation of vinyl flooring, leading to it ripping off after 2 years, are they responsible for repairing the damages, or are they exempt after 1 year?
Amanda Lindsay
Need creative ideas for a loan
31 January 2024 | 9 replies
https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?
Germán Rimoldi
Buying a lot and placing an affordable design pre-fab house for Short Term Rental
29 January 2024 | 1 reply
I've been researching a market with a high demand for short-term rentals (STR) and favorable regulations.Despite a competitive landscape, my strategy involves installing a unique design or pre-fabricated home on the property to make it stand out on Airbnb.I've identified a parcel of land priced at $70,000 and a pre-fabricated model I'm interested in, which costs $42,000.
Chris Logan
Looking for some Clarification.
30 January 2024 | 5 replies
If you didn’t have an LLC that was required to file a tax return then the rental income and expenses from your short-term rental would likely be report on an IRS Schedule E, not the Schedule C (this is only for rare cases where the STR is performing “substantial services”.
Mark Ordoyne
Central A/C or Mini Split
31 January 2024 | 7 replies
This will lead to hot and cold areas in the house unless you add additional circulation e.g ceiling fans.
Paul Azad
Typical long term returns for commercial retail syndicated investments?
1 February 2024 | 15 replies
These types of deals are more long term not short term equity multiple bumps and recycle to something else.
Susie C.
STR Friendlier Cities?
31 January 2024 | 20 replies
Avery Carl highlights the difference between "Urban" markets and true vacation markets and the pro's/cons and risks/benefits each poses early on in her book "Short Term Rental, Long Term Wealth"
Lora Krulak
group investment / forming an LLC
30 January 2024 | 5 replies
You'll also want to designate someone to be lead on taxes and finance since these things will get out of hand if you wait and try to get caught up mid-year..Insurance if you don't already have it.
Shari Deuschle
First short term rental
29 January 2024 | 0 replies
Investment Info:
Condo buy & hold investment.
Closing in 2 days. Nervous that I haven't done everything I need to do. Just thought about utilities today and did that.
What made you intereste...
Derek Todd McCarley
1 mill capital gains
31 January 2024 | 10 replies
There has been too much of that lately with people too excited about the short term rental "loophole", resulting in bad investments just to save a few bucks in tax.I have a ready solution - say you sold a rental property for $1m, then you can just pay me $1m in fees to talk about it, and you are at net $0 of income ;)