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.

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?

After reading back through the contract it states the contractor isn't responsible for rocks, trees, driveways, or utility lines.

I spoke with the title company who is still helping us wrap up the set-up of a servicing company, and she confirmed that they would be responsible for the principal / interest for Nov and Dec, while we are responsible for the escrow shortage balance (as agreed upon).Not sure how it was missed - not my favorite title company to work with.

What is the recourse for the tenant who signed the lease under each individuals name?

Quote from @Kandice Morgenstern: Does anyone have a good lease clause to outline responsibilities and expectations during mandatory evacuations?

It ensures you’re bringing in responsible tenants and minimizing risks.

You're local to me.There's a couple ways to go at this ;If you're looking to save some money you can have your plumber install sub-meters after the individual meters.

A syndication was way overkill because there were only 5 capital partners so they customized an operating agreement with their attorney that outlined roles and responsibilities, distributions, membership interests, etc.And you don't have to have all this stuff figured out right now; it's very customary for us to assign the contract to whatever customized entity we end up forming.Just one caveat. 

Could it attract squatters, or is it the right move for responsible property management?