All Forum Posts by: Alecia Ashby

Hi All!

Looking for a little guidance here for my STR that I just purchased in Puerto Vallarta, MX this year. Things are already working out really well, but I know I'm going to hit questions/issues come tax time. I noticed Airbnb is charging a VAT with every rental, so there is automatically some accountability there. Does anyone have STRs in PV? Do you have an accountant? How are your taxes figured there vs here in the US? Any advice to make sure I'm above board and not going to have any issues down the road? So far the largest pain is needing to prepay a decent amount of the bills in person as online accounts and paying online isn't a regular thing for some vendors. :)

Thanks in advance!

@Kyle Fadness

I had a friend in the past tell tenants that lived in his building that he was also renting and run rents through an LLC or Corp so the checks aren't made out to you. Might be worth a shot!

I have properties both with Renters Warehouse and with Top Shelf. There are ups and downs of both. Top Shelf’s fees are much more up my alley, Renters has a lot more infrastructure. You really have to just decide what’s more important to you. Brad and Mike are both amazing!

Hello! Where are these located? Please message me if you have any additional info.

Thanks!

@Mike F. My banker specifically told me to say kitchen renovation as I was using mine for a down payment on more properties. He said that would cause a lot more work for no added bonus. :)

Hi @Chase Keller! Can you send to me too?

Contact Brad over at Renters Warehouse! They’ve been great for me, I’m an out of state investor. :)

Brad is the main man at the office in Clive that covers DSM :)

Love them! Brad and his team are very thorough and really make you feel like you’re properties are handled! Plus the online system they use always alerts you of work orders that have been submitted, so you’re always in the loop. I would recommend contacting them and asking to chat with Brad, he can walk you through their set up, costs, and any other questions you may have. that’s what I did when he was recommended to me via BiggerPockets! Let me know if I can help in any other way!