29 October 2025 | 18 replies
If you're staying there between guests, those are generally going to be personal use days, and going to cause an issue with the deductions and ultimately the losses you can take.
15 November 2025 | 1 reply
Vague contracts are how bad deals become lawsuits.What started as a $30,000 loss turned into a $269,000 appraisal — and a monthly cash-flowing asset.That’s the difference between reacting like a landlord and operating like an investor.
14 November 2025 | 4 replies
If you are going to have tax losses, a 100% owned LLC is a disregarded entity and will not require a tax return separate from your schedule E.
28 October 2025 | 8 replies
Under IRS rules, a property qualifies for the STR loophole if the average guest stay is seven days or less, This allows rental losses including depreciation, to offset W-2 or other active income without needing REPS.
23 October 2025 | 11 replies
If those expenses truly didn’t reduce your taxable income, it’s likely due to the passive loss limitation.So what does an LLC actually help with?
7 November 2025 | 2 replies
A claim is a claim regardless of the amount and would still reflect on your loss history leading to higher premiums or even difficulty finding insurance in the admitted market for the next 3-5 years.
5 November 2025 | 11 replies
This helps you get a sense of not just the monthly fee (usually 8–10% of rent) but also how they handle maintenance requests and what those costs might look like.Once you have all this information, you can work backwards from your estimated rent, by adding in utilities, expected maintenance, and management fee, so your numbers make sense and you’re not taking a loss.
28 October 2025 | 3 replies
Otherwise, qualifying as a real estate professional will be for not because you won't be able to change the losses from passive to active (which goes against other active income)
7 November 2025 | 4 replies
(you can always check the bigger companies too and shop your rate).You want to make sure you have Loss of Rent coverage to continue to provide you the rental income from the renter if they had to move out, and always try to get a decent amount of liability coverage for if someone ever sued you (ie. your tenant, etc).
26 October 2025 | 2 replies
Total loss.