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Hi, I have been thinking about making vacation rental stands out from the crowd. We know some of the key search criteria in some areas that you need to have in order to get more bookings, like hot tub or grill.Wonder ...
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Ok.....basic question - how do you analyze utes for rentals? Garbage, water/sewer, heat for boilers (multi family), etc? Are SFR's different that duplexes, multifamily. Thanks in advance for any help.Patrick
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Good afternoon BP,
My partner and I purchased our first duplex in October 2021 and quit claimed it to an Ohio LLC. We are in the process of completing our taxes and our tax agent is requesting a lot of data and is es...
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Greeting BP RE tax gurus:I've received a notice from my SD-IRA custodian to report the fair market value of my "investment". I invested in a Single-Member LLC, of which I am the "Single-Member". The single-member LL...
I am closing a deal this Friday and the sellers settlement attorneys have issued me a Gramm-Leach-Bliley Act notice stating the following "In compliance with the GLBA, we are providing you with this document, which...
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Hello, We are a property managing company that rehabs and rents our own properties. I am confused when I comes to the categorization of some items. First Repairs/Maintenance and capital expense, from what I found arou...
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I have a tenant who has been in my property for quite some time. Truth be told not exactly the best (typically late, noise complaints from my other units, parks in grass, etc) I've just found out that she had someone ...
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We are currently buying a 24 unit apartment building that has on site laundry facilities. The prior owners were using a company that paid for the machines, serviced them and then sent them a check at the end of each m...
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Hi BPers!
I have an STR we've run for about a year. While it's positive after expenses and has potential for improvement in year two, it’s been a bigger hassle than anticipated and taking attention from other priorit...
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I am looking for fellow STR investors to chime in here. Have you ever had that little negative voice tell you what the hell are you doing? You're making a mistake, this could all crash, STR's are going to be history ...