Do I need to form an LLC if I have just three properties ? How can I protect my personal wealth if I don’t form an LLC ?
Not technically new to the site, but new to posting.....as of today! Thrilled to be part of the community, and looking forward to sharing and receiving great guidance!Background: I grew up with a passion for Real E...
Hello,Does anyone own a short term vacation rental in Hawaii?I've noticed some small 2bd condos on Maui for around 150k with PITI and HOA coming to $1,000/mo. These same condos rent out for $150/night in peak season a...
I have a rental I am interested in selling. This rental was originally my primary residence. I have been renting it for the past 6 years. I have, of course deducted the depreciation from it during that time.... abo...
Curious how the STR in Pinellas are doing? Looking to possibly add a condo near the water in St Pete. Seems most have 30 day minimums though.EDIT: Found a topic from a few months ago that answers my question, but if a...
Hi all, I was hoping I could ask for some advice here. When I first started real estate investing, my mentor told me that I don't have to worry about creating an LLC to start since it'll eat into my cashflow. Howeve...
Short Term Rental Association
The Short Term Rental Association (STRA) is a professional organization dedicated to serving individuals and businesses involved in the short-term rental industry. STRA acts as a resourc...
Good morning BP - my business partner and I are getting ready for our first project. We have everything lined up except for an insurance provider. We are targeting a low end flip to start looking to get in and out a...
Hello, I'm looking for recommendations for accounting software I can use for my property management business. I exclusively manage STR & MTR that are managed through Hostaway. I'm looking just for an accounting so...
The laws haven't changed since 1997- and your personal home 'tax exemption' may be over the limits, due to years of appreciation in the real estate market. I found this excellent article this morning- folks in high-ap...