9 March 2025 | 4 replies
One tangential thing that maybe is missed or isn't clear from the above discussions, you will probably not be able to shift from long-term to short-term during the year AND use the "average rental interval of seven days or less" way to categorize the income or loss as nonpassive.Example: You rent for month of January as "long-term" rental and then do weekly rentals for the remaining 48 weeks.
9 March 2025 | 15 replies
If they want to get paid more often get those goals written down at that interval and pay when that works completed.
4 March 2025 | 13 replies
Being a real estate professional would not matter for a short-term rental if by STR you mean the tax law definition (which is a property where the average rental interval is 7 days or less).Also just to be clear, to deduct STR losses you'd need to materially participate in the STR.Note: STRs can work well for real estate investors because tax law says they aren't considered rentals.
26 February 2025 | 27 replies
I think a better way to say this is, if a rental property is a short term rental (meaning the average rental interval is seven days or less) it's not a rental.
26 February 2025 | 58 replies
Both as of today and at different time intervals going back to 1980.2.
27 August 2016 | 2 replies
My goal is to obtain a single-family rental property sometime in the next 6 months, and if everything goes well, continue to do that (buy more rental properties) at regular intervals.
31 August 2017 | 1 reply
The statue: (b) In a tenancy with multiple tenants, one of whom is terminating the lease under subdivision 1, any lease governing all tenants is terminated at the latter of the end of the month or the end of the rent interval in which one tenant terminates the lease under subdivision 1.
4 September 2017 | 8 replies
If the tenants are on month-to-month leases, you can serve the proper termination notice at the next interval.
15 September 2017 | 20 replies
Based on my google maps street view that was updated six months ago, it appears numerous pickets are missing at random intervals.
8 January 2019 | 9 replies
There are two power systems, battery operated or hard wired, which allow the meter to communicate with a wireless router that sends the data to a database at the company (this is accessable to you the owner/property manager via the web) and then a bill is sent to the tenants automatically at a interval that you set.