Franklin Marquette
Renter's Insurance Liability Requirements
22 January 2025 | 5 replies
Quote from @Franklin Marquette: For those of you that require your tenants to have renter's insurance, how much liability insurance do you require of the tenant?
Raven Ye Mahar
Nashville STR Required Business Licenses and Taxes
17 January 2025 | 4 replies
Taxes and requirements should be much lower for a LTR
Julio Gonzalez
Which cost segregation study approach is required by the IRS?
27 January 2025 | 0 replies
You can read about the differences here: Cost Segregation Study Approaches ExplainedLet’s first start with what the approaches:Detailed Engineering Approach from Actual Cost RecordsDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling Approach"Rule of Thumb" ApproachSo which of these approaches is required by the IRS?
Jim G.
Is it required tempered glass windows?
12 January 2025 | 4 replies
@Jim G.Per the International Residential Code if the glazing is less then 60 inches vertically from a standing or walking surface then yes it’s required to be safety glass as it’s considered a hazardous area.
Nathan Nathan
Help required to create LLCs in Wyoming/Georgia/Michigan
27 January 2025 | 11 replies
It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.
Chrissy Smyth
Rental in depresses area and minimum requirements
8 January 2025 | 3 replies
These requirements are solid, keep them: Application: Everyone aged 18 or older must complete an application.
Logan Rhea
Thoughts if this property flip Scope of work is too low
23 January 2025 | 5 replies
ARV 900Total reno was 170k Appraisal $399.00 Shut off valves $95.75 paint $300.18 Commeercial enzyme cleaner $72.09 Water activation fee $51.38 shut off valves $38.52 Kilz restoration primer $275.66 Kilz restoration primer $150.33 Shower tile-Master.
Alan Mills
Sewer clean outs required?
4 January 2025 | 9 replies
Yes, sewer clean outs are required on new construction, but on a 1947 rehab house that didn’t have existing clean outs, is it really possible that I can be required to install them?
John Underwood
BOI requirements back on hold
6 January 2025 | 4 replies
I got an email today that the BOI requirement was on hold again since the fifth circuit reinstated the injunction today.
Stephanie Medina
Is it a bad idea to convert this LTR into a STR?
26 January 2025 | 17 replies
Then based on @Michael Baum's suggestion, I think I will have my cleaner and/or maintenance person do monthly/quarterly maintenance like using using enzyme based cleaners, grease fighting drain treatments and hot water flushing.