It wouldn't matter if I held the property for more than a year or sold it sooner, and for less than a year.

Instead, they’re held back and only reimbursed after I complete work and get it inspected.

In my opinion the only time a landlord should be held partially liable for the criminal actions of a tenant is when there is ongoing criminal activity at the property and the landlord is aware and does nothing to try and stop it.

Business would cease to exist.And more importantly, why are average joe STR hosts held to a standard so much higher than billion dollar corporations with full time support staff?

The Josh Dorkin/Brandon Turner & early Brandon Turner/David Greene episodes were the best…realistic portfolios held by everyday people and deep dives into 2 or 3 or sometimes more of the properties, that kept me listening. 

Is the title to the deed currently held by the LLC?

Tax & Legal ConsiderationsDepreciation Recapture & Capital Gains: Since both properties have been held 20+ years, any cash-out won’t trigger capital gains, but if you sell, consider tax implications.LLC / Holding Structure: If you plan to scale, consider holding new properties under an LLC for liability protection.5.

Any gains made after the oz investment can be entirely tax exempt so long as they are held 10+ years.

It might depend on what type of trust the title is held in. 

The law just requires you to keep tenant deposits separate from your operating funds and to notify the tenant in writing where it’s being held also whether it’s interest bearing or noninterest bearing.