The IRS does not allow real property Dealers to use the Installment Plan method of accounting. This means that if the Dealer does an Owner Financed sell, he/she is responsible for the tax liability for the entire pape...
I'm wanting to migrate from Evolve, and I'm wanting to take over as much of the management as possible. I've setup new listings and integrations with Hospitable, Schlage, Pricelabs and other services. The challenge is...
Can you BRRRR a Self Storage Facility? Are there any big similarities or differences compared residential BRRRRing? Has anybody used this BRRRR cash out strategy to buy more self storage properties as it can be done ...
Have a new condo listing that is less than one mile from the new 4 Billion Dallas Midtown project that just broke ground. Wondering how conservative or aggressive I should be on the annual growth rate and income inc...
I am in need of a system for utilizing QuickBooks to give bottom line profit/loss for my sold properties. While my bookkeeper keeps very good books, she doesn’t have a method for automatically spitting out these numbe...
Two houses, two new HAVC systems - checkone house, new roof - checkone apt: drywall, bathroom remodel, and other $1k+ "refresh" efforts - checkEven though the monthly cash flow is fairly strong over monthly costs (mo...
The TL;DR version of the question: How should I structure a JV agreement between me (acquisition/management) and a silent partner (capital) specifically for a long-term investment in a vacation rental property? Any pa...
Hey folks - I recently got a question as to whether having an STR manager is worth it or not. There's a lot of chatter, so let's break down what Cohosts/STR managers really do and if working with one makes sense for y...
so i have read and researched this designation for some time now, and even obtained good info from one of the forums' resident tax experts Steven Hamilton, II, but i am just curious how many out there are actually usi...
I’ve been some deal analyses for short term rentals with the AirDNA tool. Can anyone speak to the accuracy of their projections? One property I’m am looking at shows approximately $106k in annual revenue, but the real...