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Hello,I have two investment SFH but they are under my personal name. I was wondering - if I move one of the properties to an LLC, will that lower my personal DTI to allow me to refinance the one that is still under my...
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I have been doing STRs for a few years but my niche is long term rentals. I have been using my property management company to run the STRs.They utilize AirBnb, VRBO, and their own website for the bookings.I basically ...
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I have a deal under contract and quickly pulled the trigger with a hard money lender to get it fast. Now I am a little concerned with some things written pertaining to the hard money loan. Here is the list given to me...
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Hi all,I had purchased a long term rental in 2022 with myself and spouse as the original owners. We took the depreciation on our personal tax return in 2022. We transferred the title of the property to an LLC where bo...
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Hi! So, I have 4 properties. What do you guys use for book keeping, to categorize transactions and generate Profit and Loss reports for your CPA? I am using stessa, but I am wondering if there is something better out ...
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Hi, all.For those of you who use Appfolio, I'm looking for a report on the property manager portal that can be exported to CSV and includes all expense transactions for a property, similar to the Income Register repor...
I am providing my property manager a w-9 as part of onboarding. Do I use the EIN of my Wyoming holding company or the EIN for the individual property? We have a business structure set up where we will have one main ho...
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My partner and i are planning to buy a property. We each have our own LLCs. I am wondering if we can fund the property with our LLCs 50:50? In other words, can a property be owned by two LLCs? This way we don't have ...
If a tenant is evicted, is that the equivalent of getting a judgment in order to pursue them in collections? I just want to make sure I understand how this works. Thanks
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I have got a question in regard to the screening tool that Cozy offers. When the prospective tenant orders a background check and credit report, does Cozy send a copy to you or does the tenant forward you the report?...