Julie Groth
Form 8825 the correct one for STR income?
I know STR income is treated as active by IRS (like a hotel) and I have S Corp. My accountant used form 8825 (rental real estate income for S Corp). Is this correct? I would have thought it should appear in a differen...
Brandi Carballo
Self managing a vacation rental?
I own some residential rental properties that I manage myself and am considering buying a vacation rental to add to my portfolio. I live in Oregon and am looking at the Oregon coast because I know demand is there for ...
Derek Snyder
How much to take out of security deposit for drugs + damages
Hello all,This past week, I had a renter move out who has been great until now. After he moved out, we noticed a few things wrong. First, the whole apartment smelled like pot (illegal in Indiana), then we found some o...
Gary Huber
STR Deal Calculator Tool
I am brand new to investing and my passion is in hospitality so I am looking to start with a STR. I know there is a tool here to determine if a long term rental is a "deal" but I want to know where to begin in findin...
Pat Jackson
Debating telling guests they're not welcome back
On the fence on this one. We had some guests stay 8 days through VRBO (more business through Airbnb, doesn't really matter I guess).We talked on the phone and texted quite a bit prior to their visit. Not problematic...
Justin C.
Tax question regarding receipt filing and record keeping best practices
Hi BP, I have 2 rentals that were acquired over the last 6 months... Property #1 closed Dec 2014 and was officially on the market May 1st 2015. My tenant just moved in. Property #2 closed mid Feb 2015 and should be...
Vincent Casiano
Vacasa for short term rental property management
Good evening all,
The short term rental that I’m looking at is a rural vacation destination. I grew up there as a kid and knew that it would be difficult to find reliable contractors for maintenance and cleaning. It’...
Joe Stout
Things Most forgotten When Setting Up an Airbnb
Hey guys,As a new STR host, I'm so worried about forgetting something vital to a person's stay! What's the most forgotten thing that new hosts tend to look past that makes a large difference in a persons stay?thank you!
Greg Baker
Advice on updating a bathroom?
Hi everyone,First off, I am not handy. I would like to be handy, and I hope to become handy by simply doing and learning. My long-term goal is to have a number of buy and holds, so I'm going to experiment with some ...
Daniel Suarez
Water coming from Top window
Hey All, Pretty bad rain here today and I realized that water is coming from the top of the window (see picture) Any idea of where that must be coming from? What kind of professional should I hire to help me investiga...