All Forum Posts by: David Matthews

@Marcus Auerbach thanks Marcus I will check those out. Learning is why I'm here :)! 

I use Turbo Tenant, pretty much always from the phone. I only have two properties, but do manage 6 leases. They do marketing of the listing, tracking expenses, maintenance requests, collecting rent (with late reminders), list goes on... Their customer service is also FANTASTIC if you're ever in a bind.

@Michael Plaks thanks Michael that summed it up quite well. 

@Bill B. Bill, I'm a buy and hold man, unless I'd 1031 into a fourplex or small townhome complex. I ran quick numbers and it appears I'll be negative or zero for some time... should've crunched those before :) anywho.. QBI deduction? I have heard of it but its Been a while since I did my research on it. 

@Julio Gonzalez thank Julio, and thanks for your message. I reached out to a cost seg company, it was about 3500$ and I didn't pull the trigger. My real question is... do I NEED a cost segregation study in order to depreciate? Or can I just use my structure value that was on the property appraisal? Both recently appraised in 2025.

@Allan C. Just ran quick numbers, looks like interest, insurance (including PMI too???), taxes, plus depreciation on the structure value ... I will net zero or negative.

@Allan C. 60k gross. I am in the Denver area. 2 units that are rent by room so 6 total leases. It is 60,300/yr in rental income (about an average of 800 per room). 

@Dylan Brown my two properties total about 900k in asset value. I should be able to depreciate 1/27th of that per year correct? So about 33k? Then tacking on interest, insurance, taxes... I'd be pretty close to net zero. 

@Chris Seveney that is plenty fine by me 10k now is worth a lot more than 10k in 30 years. That's a win in my book.

Hi all - Dave Matthews here. I've got two properties now, townhome and single family, both rented. This will be my first year where I will be reporting ALL the rental income (some 60k or so). My question to you all is how in the world do folks deduct deduct deduct so that their tax burden on rental income is zero or close to it? I am worried that I will owe big in 2026...