Davit Gharibyan
Corporation or LLC
Hi, I have an LLC that holds the real estate and the other LLC is handling the management (getting rents, sending payments, etc.). As I was preparing my taxes, my tax professional advised me that management LLC is red...
Jim Bentley
Can a non-owner lease and property manage?
I'm in Oklahoma. My mother-in-law fully owns around 30 properties which I and my wife have been leasing and managing for a couple of years after my FIL's death. I was recently told that the laws say that ONLY the ow...
Eddie Gonnella
Airbnb Hosting as an Individual or Business/Brand? Building to sell/transfer
Hi all, I want to start a thread about the pros and cons of listing STRs with a personal individual hosting account vs as a 'brand' or 'business' account. I currently own and self-manage two STRs in Maine and should b...
Brian Spink
Rent payment
For those of you who have a single family home in your name, use an umbrella insurance policy, and have no LLC, I assume you have the tenant write the check to you directly? Do you have a separate bank account just fo...
Brandon Snyder
What happens if a desist and refrain is ignored?
My property manager is practicing real estate without a license in California. I checked her name against the CalBre database. If I file a complaint with the BRE, and they issue a desist and refrain letter, what hap...
Reid Sealby
QuickBooks for Personal Finance/STR?
Hello friends!I've never used QuickBooks but just read in "Tax Strategies for the Savvy Real Estate Investor" that it can be a pretty valuable tool for bookkeeping. In the book it was really only described for use wit...
Amit C.
Separate Bank Account for First Rental Activities
I have just selected first Renal property in Memphis and will be closing in 2-3 weeks. I will be opening new personal Saving account and will be adding initial money to that account from my personal checking account. ...
Michael Campione
Co-Lessee Wants Out
Hi all.
Forgive me if this is a bit convoluted. There's more.
My girlfriend just purchased a duplex in the Dallas area. When we originally looked at it the one tenant told us his roommate had recently moved out and...
Chris K.
Best short term rental management company?
What are the best short term rental management companies, and why?
Victoria Silva
Questions about self-managing our property
We are wanting to self-manage our own out-of-state duplex property...with the help of a family member who lives in the city we own our property in. We are moving on from our management company.My question is this...ho...