Maximizing Deductions: You can still claim tax deductions (mileage, repairs, management time, etc.) on both properties as long as they’re legitimately related to rental activity, even if one isn’t in an LLC.

Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)

Also, you may charge a premium on the rent (higher rent) in this model of leasing.If you charge them a higher upfront option fee, it will demonstrate that the buyer is committed reduce the likelihood of default.

If it's during office hours, they can pick up a spare key for no charge.

First my units are  managed by a local company that charge me between 8% and 10% monthly.

Yes, I know there are legitimate wholesalers but just like used car salesmen (women), the bad ones make the good ones seem just as bad.

Do research on what inside vs outside protection means, and charging orders.

If it's a legitimate issue then you deal with it accordingly.

You can not charge anything extra for a service animal.

Children 12 yearsold and under will not be charged.