Pam Smith
Schedule E - filing as non-passive income
Hi all-I was reading one of the blog posts on the Short Term Shop blog about Schedule E vs C, passive vs non-passive. In the blog, they reference, "According to Treasury regulations, vacation rental owners who rent th...
Kirk Bausch
private fund registered investment advisors
Hi Forum.I'm in the midst of forming a private fund Syndication to acquire commercial, multifamily properties. My attorney informed me that I need the following...does anybody have recommendations and what are the ty...
Matt Meyers
New Home Builders, South Central Wisconsin
Are they any recommendations for new home builders in South Central Wisconsin? We are purchasing an undeveloped lot next to an existing home and need to custom build a lake house that will be an AirBnB. Any roadblocks...
Christian Espana
Is Minnesota or Wisconsin STR friendly?
Dear BiggerPockets, Looking for advice in regards to NOO STR somewhere between Minneapolis and Birchwood. Long story short, last year I sold a property in Northern CA with the aim of buying in Truckee, CA (ski area);...
Jim Bentley
Lead Disclosure
My wife and I are going to begin managing (i.e. finding tenants for and being the tenants' main contact) for several rental units that my FIL owns. His health no longer lets him do this. We currently own and manage ...
Mark Forest
Question on asbestos
I was looking at a prospective home when the realtor told me the ceiling and floor tiles in the basement look like they have asbestos. I am not sure if he is right, but it made me wonder how one is supposed to know. ...
Lawrence Paul
How long before most banks calculate Net income/loss on rental???
Hello again,So, my current bank requires me to wait a whole year before they calculate net income or net loss on my first rental property.Needless to say, I am not thrilled because I bought undervalue (20%) and forced...
Brian Blahous
1031 Exchange - 3 property rule
I am in the process of a 1031 Exchange. I have a question regarding the 3-property rule. Let's say I identify 5 properties and 1 falls through but I still close on the other 4. Is 100% of the exchange disregarded or...
Nidal Daraiseh
STRs in urban markets
Just curious, I've been focusing my search on a couple of true vacation markets where STRs are the norm. There are some legislatively friendly cities and states in relation to STRs. I was curious whether anyone on her...
Danielle Levins
Property Management Company
Hey BP!! I have a real concern that hopefully you all can help me with. What are the requirements to start a property management company in the State of Florida?? I was told by several people that I needed a Broker's ...