Joshua Toste
How long does it typically take to sell a multi unit property?
In said example, if you're able to purchase a quadplex in upstate New York, that was under valued and under preforming; Then proceeded to substantially increase its ARV along with its monthly revenue. How long on aver...
Sumit Sehgal
Tax forms for disregarded entities LLC
I have a Texas disregarded LLC, Oklahoma disregarded LLC, and Wyoming partnership LLC.
My question is from tax standpoint (not legal standpoint).
I recently learned that disregarded entities are required to file so...
Marcello Di Gerlando
Cleaning expense as a % of revenue? I'll show mine...
BLUF: Expressed as a percentage of revenue; what are your cleaning costs? please chime in if you can help with any other STR industry averages for expenses.
For the trailing 12months my cleaning expenses account for ...
Chris McKenna
Underwriting the purchase of a new RV Storage Facility
I'm a Short Term Rental Investor with no commercial real estate experience.Looking at an RV Storage Facility and hoping to get some help with how to analyze/underwrite. I have List Price, Insurance, Taxes, Utilities &...
Account Closed
Are hotels always more profitable than apartment complexes?
Common sense, along with my own research, would tell you that a hotel is a more profitable investment than an apartment complex. They are basically the same building, except that hotels charge a higher rate and the gu...
Bryant Hull
How much should I value the purchase of a property management company?
I am aggressively looking for property management companies for sale in Orange County CA. I have seen pricing vary. It typically falls into 6 months of gross management fees on the low end and a year and a half of gro...
Hannah Joy
Depreciable expenses vs rental revenue income tax
What is the magical ratio of one time capital expenditures to capture enough 100% depreciation to neutralize income taxes on rental revenue? I know it exists...If I buy one property a year and do extensive renovations...
Collin Hays
Are you paying VACASA 39 percent of revenues? Probably!
Follow along with me here. You owe it to yourself. I was tipped off by this from a client that we took over today.
I went to VACASA.com and booked this cabin for January 11-14. The nightly rate is $127. The tot...
Ryan Martin
Qualified CPA Advice!
Hello All,
My name is Ryan and I've been running a STR on airbnb for about a year now. In Scottsdale and Arizona, you must file for a TPT license and file your state taxes monthly through the AZ Department of Revenue...
Dom Radcliffe
Help to analyze STR purchase
Hello everyone,I purchased a 5BR/5BA townhome with private pool in Davenport resort community for STR use and occasional personal vacation use. I am looking to self manage with a local team for ops/cleaning and some a...