All Forum Posts by: Ana Mills
Ana Mills has started 3 posts and replied 5 times.
Post: Handyman can connect eletrics for Mini Split

- Posts 5
- Votes 3
Hi guys
I have a handyman who is super knowledgeable and he is very comfortable connecting the 220 wires for a mini split and also for a hot tub.
im getting extremely high quotes for a certified electrician to do it.
what are your thoughts? Pay the money for a piece of paper or go let my guy take on the project?
Post: Separate credit cards for each airbnb? Or is that complicated to track?

- Posts 5
- Votes 3
Amazing! Thank you for the replies.
When applying for the credit card, do you all use your LLC name or do you apply with your personal name?
Post: Separate credit cards for each airbnb? Or is that complicated to track?

- Posts 5
- Votes 3
Do you recommend having a different credit card for each airbnb property?
I'm wondering if things will get complicated to track if I am paying for things to multiple properties in one credit card.
Post: Hotel occupancy tax and cash on cash return

- Posts 5
- Votes 3
Quote from @Jordan Moorhead:
Yes and make sure to include the 6% state hotel tax too if you want to do everything above board!
Thanks for the reply Jordan!
Does Airbnb already includes and pays the Austin hotel city tax of 11% or do they just include the state tax of 6%?
Thank you a bunch for your help ☺️
Post: Hotel occupancy tax and cash on cash return

- Posts 5
- Votes 3
Hi guys,
I’m looking at a property in Austin and working out the cash on cash return so I can make sure it’s a good investment for an AirBnB.
Since Austin charges 11% hotel occupancy tax, should I include that as part of my expenses when calculating cash on cash return?
Thank you in advance for all insights.