The information contained in this post is not to be relied upon.

The information contained in this post is not to be relied upon.

From a tax standpoint, this still counts as an investment property—so you can depreciate the building, deduct interest, and take bonus depreciation if you qualify for the STR loophole (material participation, 100+ hours, and more than anyone else).Local Credit Union or Portfolio Loans: These may offer custom terms or competitive rates.

One company I used recently on two jobs never did and is my goto3. if I need a maid service I will use the trial services of sites such as homeaglow or dazzling cleaning where they offer steep discount to new customers.

The information contained in this post is not to be relied upon.

We now have two glamping locations in Austin and Houston that are among the top-performing single-bedroom cabins in Texas, boasting high revenue and occupancy rates.That’s why I wrote this guide.Inside the book, I break down:How to find land for glamping that’s actually profitableWhat glamping structures give the best ROI (domes vs. a-frames vs. containers… I’ve tried a lot)How to get through zoning, permits, and utilities without losing your mindHow to build an experience guests rave about — not just a tent in the woodsAnd how to scale from one cool rental to a brand people trustIf you’ve ever thought about doing a glamp site — or you already have one but want to increase revenue, automate more, or stop relying on Airbnb alone — this guide is for you.I’ll be hanging out in the comments here over the next couple of weeks before launch, so if you have any questions about glamping, Airbnb alternatives, land use, or just uniquely building STRs… drop them below.

Tom Wheelwright’s books contain more detailed information than the online courses do.

The information contained in this post is not to be relied upon.

It should outline:Capital contributions and responsibilitiesProfit/loss and tax benefit allocationsDecision-making authorityWhat happens if one partner wants outIf you’d like, we can provide you with an LLC Operating Agreement template customized for real estate partnerships, so you don’t have to start from scratch.Setting this up the right way builds a solid foundation for future scaling, protects your personal relationship, and ensures the IRS recognizes both of you as active business participants with tax benefits to match.

The information contained in this post is not to be relied upon.