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Updated 24 days ago on . Most recent reply presented by

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293
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212
Votes
Bruce D. Kowal
#2 Tax, SDIRAs & Cost Segregation Contributor
  • Metro NY + New Bedford
212
Votes |
293
Posts

My screening process for STR tax clients

Bruce D. Kowal
#2 Tax, SDIRAs & Cost Segregation Contributor
  • Metro NY + New Bedford
Posted

Before I take on a new STR owner, I ask four questions:

  1. Tell me about your W-2 income(s).  How demanding is that job?
  2. What's your average rental period?
  3. Are you willing to scrub tile and toilets?
  4. Do you have a property manager? Feel like competing with him? Can you outwork him?

These four questions tell me everything I need to know.

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Bruce D. Kowal, CPA
4.9 stars
7 Reviews

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