If anyone here is open to connecting and sharing valuable insights on the current trends and opportunities in the Indiana real estate market, we would be immensely grateful.We have conducted thorough due diligence and are now in the process of establishing new partnerships and contacts.

A property where a entity has no legal title to is sold for a agreed upon price to a buyer, and then the seller in turn pays that entity (wholesaler) a percentage or flat fee for getting a buyer and getting them under contract to sell, is illegal in MA because that wholesaler NEVER claimed legal title (aka: equitable title) of that property and acted as a agent by marketing and conducting Admin work for a significant percentage, is not within the law and is basically a unlicensed citizen  conducting the duties and responsibilities  for a percentage of price which only a licensed realtor can do.

It would require drawing a plan for the existing structure (typically $2000-3000), sending it to plan check at the city (planning, building, and fire), potentially conducting an exploratory phase where walls are opened up for inspection with the city (typically no more than $1000-2000 for opening walls and repairing them), addressing anything in the structure that is not within compliance (cost will of course depend on what’s going on with your structure), and paying for any permits (typically $1000).

And although there has been a small amount of case law indicating that a title company can be an unrelated party because the act of conducting closings and issuing title insurance does not constitute "a business relationship"??? 

I also have a lot of out of state investors fly in for the day, so having a nice conference room to meet them in is important.

I doubt there’s much value in forming an S-Corp just to rent to yourself, otherwise we’d be hearing people here in WA doing it all the time (though if you happen to have an S-Corp, I understand that you can rent space to your Corp for monthly meetings just like if you were to rent a conference room).

Thanks.In general, if you're using your Airbnb stay to conduct business (like evaluating investment properties), the expense may be tax deductible as a business expense.

@Jim Kane In my opinion, as an experienced architect, your experience places you in a great position to transition into development.Your first step should be to learn the language and metrics of commercial real estate and how to use them to conduct pro forma analysis.Let me know if you want to discuss this further with me.

They absolutely work hard to conduct business in the right way and with their clients' best interest in mind.

The updates include:Published STRO Implementation timeline:October 3rd, 2022 – Application Period Opens for all STRO license TiersNovember 30th, 2022 – Tier 3 & Tier 4 License Period ClosesDecember 16th, 2022 – Lottery conducted & hosts notified of the resultsJanuary 6th, 2023 – Tier 3 & Tier 4 License Fees DueMay 1st, 2023 – STRO Ordinance Implementation Date I work on a team with the managing brokers at Class Realty Group.