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Hey everyone - I'm wondering how/what you budget for maintenance and repairs with a 12 month lease vs. what you budget for maintenance and repairs for airBnB/short term rentals? Does anyone have context for how much m...
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Hey BP community, i’m a new REI. Been following the platform for a short while. My wife and I are looking to buying a small family property and using it as a STR. I’ve connected with a few agents and have been receivi...
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I just bought a new home as a primary residence. I use 2/3 of the home for short term rental on Airbnb. Am I allowed to make tax deductions on both - 1) Mortgage Interest, and 2) Offset my passive income with STR (onl...
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Hi there! I just launched my first STR and am trying to navigate the tax setup. My partner and I own it together (but we are not married) and are both on the loan and deed but we do not have a LLC because we used a 2n...
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Hello BP community. I am launching my first STR and I was wandering what are the most common site for bookings besides Air b n b and what are their pros and cons. On the other hand, I would like to hear some recommend...
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Hi All,I recently went under contact on my first STR, Yay!The property is already an STR and the current owners have bookings confirmed into July.The closing date is set for March 30th (meaning, I will then take over ...
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If you're looking at buying a rental or house hack in the Triangle, then you should consider short term rentals. Why? because we have a strong demand for them and great str laws.The Triangle is visited year-round by ...
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Hello everyone, I am looking forward to invest in STR and researching some markets and I need some help or advice. Which market is better to target as I am currently residing near Raleigh, NC. I am considering Metro ...
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I'm so confused... do y'all do other insurance on top of homeowners policies on your short term and medium term rentals? I had someone ask me today about how they get the same type of policy that they get with hospit...
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Had 9 people move into one of my houses while here in town for a job. Day shift and night shift work. Last weekend 5 of them got layed off, leaving 4 in the house. I charged them the same individual rate as I did w...