Quote from @Eddie Gonnella: Hi all, I want to start a thread about the pros and cons of listing STRs with a personal individual hosting account vs as a 'brand' or 'business' account.

The pocket thing seems nice as long as you could control who moves in and who does not move in. 

planning to list them for 2024 taxes as 6 different properties and when rehab will be done , I will get all 6 deeds, can I sell individual condo and 1031 based on basis I will show?

A tiered system works well: reward individual performance (e.g., quick work order completion) and team-based success (e.g., overall portfolio stability or income growth).Be cautious when setting pay expectations.

If they want to stop money laundering and funding terrorism they can control the border.  

Change orders are going to happen, but by needing approval from you before they move forward, this allows you to control expenses better and/or make adjustments in the SOW so that you can stay on track and on budget.

You can program individual access codes to work only during a certain time frame.

And if you go under contract as an individual, can you then JV with another investor or is it too late?

@Janine Sharma The decision to classify your onsite mobile home park property manager as a W-2 employee or a 1099 contractor depends on the degree of control you have over their work.

Real Estate, Wellness, and Community ImpactAs I move into 2025, I’m focused on deepening my faith and prioritizing wellness, mental health, self-control, and discipline.