Hi!I’m starting to find out if buying and renting out a condo makes sense. I have started to look in my area with the hoa very low(under $100 a month) and the return is pretty good. Is it worth to rent out condos or t...
Hi all,I have been looking at Sioux Falls, SD for some time and the area has seen incredible growth, and lot of development as well. How true is my assessment for out of state investors? I'm looking for properties (bo...
I have a single member LLC that I established to conduct all rental business under. The LLC is a pass through entitiy and I pay taxes on my personal 1040.
Now I am interested in setting up another entity to...
Not sure how many of you rent via AirBNB or similar sites in Santa Monica, but check out how the city government is trying to stop short term rentals. Hopefully they don't set a precedent and kill the vacation / shor...
Does anybody accept Cryptocurrencies as a form of rent payment? I have been asked if it was a possibility several times and have never accepted however An argument can be made that there are some substantial benefits...
In a market like Hawaii, property value are much higher than other markets. These high prices makes investing for cash flow more challenging. There is one strategy in Hawaii that many investors frequent, short term re...
Hey everyone, what is your preferred entity for your RE business? in your own personal name, as a Trust. as a LLC, as a S Corp?
My 19,000th post and this is all I got. ;)https://time.com/6223185/airbn...A lot of people cashed out their equity (gained through pure luck) to purchase a short-term rental in unfamiliar markets that were over-priced...
Quick hypothetical question for Tax Pro's out there:If you have purchased a lot to build a home on, when does the one-year clock start to switch from short term to long term capital gains?Does it start when land was a...
Hi guys! I currently have a lake house under contract in Wisconsin that we will use as a short term rental when my family is not there. Does anyone have a lake house / cabin short term rental, and if so, care to sha...