If I buy a place and live in it for 18 months, rent it out for 6 months, and then live in it for another 6 months before selling, would the full gain (under $250k) be eligible for exclusion or would I need to take a p...
Newbie White Glove here. . .
I am being inundated with application requests from groups of unrelated "roommates" who want to rent my single family home. I'd rather not deal with this situation, though I don't want to...
Background:
Subject property is in Texas.
We have a lot under contract with some CC&Rs from 1948 that were signed by a group of private land owners. The signatories appear to have owned land that was checker-...
I close in just over a week on my first rental house. I've read on the forums for a while and I've kept a list of lines I want to add to my lease to avoid various problems. Should I work with with a local attorney to ...
Hi, thank you for reading this,I have a low performing STR, on which I have incurred losses in 2023. From this Dennis Karlton video: https://www.youtube.com/watch?v=yfz6kyw3W7k&t=692s; I've taken away that:1. Loss...
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...
This morning I sent member connections to people and used a canned email. My account got blocked I contacted support about this. Apparently if you send the same email they interpret it as a solicitation. I don't ag...
This topic is just in regard to California residents with properties *outside* of California. Assume a California resident sets up an out-of-state trust, which in turn is the only member (and manager) of an out-of-sta...
I recently left full time employment to start investing in RE full time. Until now, I've been primarily concerned w/ passive MF investing, but the returns aren't yet sufficient to cover more than a small portion of ...
So we're getting geared up to move our real estate investing to STRs in the GB/PF area. We've visited this area for over 30 years so I'm pretty familiar with the lay of the land. I did have a few questions about some ...