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A guest staying at my AirBnB is saying his company requires him to get W-9 from any rental he stays at. Will this be an issue for me come tax time? AirBnB already reports my rental income from what I understand. If h...
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The following are obsessions I see from owners about running their STRs. They gross tens of thousands in revenue, but go into a rage (Baba Yaga?) when a few dollars is at risk. The law of averages says that there will...
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Hello there! I'm a new member to the BP community from Houston, TX. I'm a newly licensed real estate agent as well as a new investor trying to gain as much knowledge as I can so that I can move forward with my 1st d...
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Hello, my name is Josh and I'm a recent college grad in the 9 to 5 grind looking to invest myself into financial freedom. I live in Hamden, Connecticut and work in Stratford and am currently considering investing in a...
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Greetings! Well, my highest aspiration for joining this site is that one or more of you kind and generous people will prevent me from doing something absolutely idiotic and extremely costly. Overall, I would definitel...
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As a starter, at what timing is good to hire a CPA ? on the first property? second or after several ?
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Hi, BPersThank you all for the helpful advice on my first short rental in my previous posts! I finally finished the reno and decor and now it's up for renting. So far, I have 64% occupancy in 30 days. It is much more ...
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HI dear all, I just close my first SFH rental deal in C+ neighborhood. While working to set insurance, I've noticed the insurance company DOES NOT cover intentional damage caused by tenants. They said that maybe some ...
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Short-term rental marketplaces such as Airbnb, HomeAway, and Vrbo have made it easy for homeowners and property managers to market their rental property. Experienced operators know that in order to succeed, you need t...
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Hello. In 2019 Los Angeles city council placed new restrictions for AirBnB."Only the host’s primary residence can be rented out, defined as the place where a host lives for at least six months per year."1. With these ...