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US Short-Term Rental Tax FAQs

Hospitable

Moreover, managing STR properties through a business entity "allows us to do some tax planning." Jeff says that their first and primary recommendation for real estate property owners is to form an LLC, and sometimes, they recommend a land trust. What Is the Best Business Structure? Not putting all eggs in one basket.

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How to Create Property Management Business Plan [Free Template]

Second Nature

Getting this step right involves researching property management and real estate property in your area and getting familiar with industry news, conferences, and listings. Answer that first. Downstream of that is Where are those people hanging out, and how can I get this to them?