All Forum Posts by: Andrew Naber

Thanks for the warm welcome and feedback. How would you know if a property is higher end. I.e., taking away my personal bias, how do I know if it is or isn't compared to the market/area and if I could get it there? From a pure build perspective, the house is unique and has some details that a certain segment would appreciate. Kitchen counters are for sure not high end, and on my list to upgrade soon.

This is an awesome thread, thanks so much for all the insights.
I'm near Yosemite and trying to go higher-end-ish but need to invest a bit more on the exterior amenities (work in progress) to get there. I haven't enjoyed the Airbnb guests messaging me asking me to lower my price.

All great advice above.

I just got started last month and was on both platforms 10 days before Labor Day. I've had 3 bookings already on Airbnb, and have 3 more coming up. Vrbo has had zero.  The property is an entire house.  Just curious if this is the norm and I'll just need to wait awhile to get some Vrbo traction. I want to make sure I have a good mix long-term.

This is a lot of effort to avoid the annual $800 FTB fee, which would be a deduction on a tax return. As a likely single member LLC all the income on your STR in CA will be passthrough on your Fed return, which will also show up on your CA return. Ask an accountant not a lawyer. Where LLCs are formed doesn't matter. Most major companies incorporated in DE not for taxes but due to their corporate governance laws.