Hi all, I have numerous leads where the homeowners declared chapter 7 bankruptcy 5-10 years ago.

Lodging Tax Obligations (Impuesto Sobre Hospedaje)Airbnb and VRBO automatically collect lodging tax in many states — but not allThis tax ranges from 3% to 5%, depending on the stateIn some areas, you must register as a lodging provider and declare income monthly with SAT📜 3.

The insurance company has declared it a total loss, and the seller is essentially looking to give it away post-claim.

@Scott Mac is making some important points above about turnover kills cash flow, but a lot of this garbage goes out the door if you insist on their declaring and your verifying at least 2.5x gross income before they move in.

Tax Enforcement for Short-Term RentalsWith platforms like Airbnb now cooperating with the Mexican tax authority (SAT), we’re seeing:Increased cross-checking of income and bank depositsSAT audits focused on foreigners who rent but don’t declareMandatory tax declarations tied to property usage💡 What this means: If you're planning to operate an Airbnb, expect stricter enforcement and digital reporting by 2025.3.

Again in that situation the NNN investor is not typically the controlling declarant (majority owner) of the association so you lose some control over your asset.There are no 100% answers just varying answers depending on the individual investors risk tolerance and desire for control.

Notary FeesTypically between 5% and 6% of the declared valueCovers:Drafting of the escritura (deed)Coordination with Registro PúblicoTax filingsLegal verificationCertification of the transaction📌 Notaries are state-appointed officials, and their fees follow a regulated fee structure based on property value.🏦 3.

You should not be declaring that portion of the income at all.

Every county I’ve declared a homestead made it abundantly clear that it was no longer valid the day I moved out.

I just purchased a 4 flat here and wanted to make one of the units an STR, but couldn't find a way to do that without declaring the building my primary residency and living in the actual unit I wanted to STR.