Just trying to gauge whether your bookkeeper is overcharging, especially if you are splitting duties.I would be careful with real estate-specific software.

The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.

Do you have something that speaks to the specific cleaning necessary at the duration of the lease? 

You need to provide a bit more specifics about the property, about the insights you want, etc.  

I am just starting out with a STR and found that VRBO is not very specific if they are collecting the tax and paying it to the State as a marketplace facilitator or am I responsible for this tax collection and payment ?

Did the contract you signed have any specific timelines on it at all regarding how fast we can get to you?

@Aishan Gonaduwage what specifically have you read, and how OLD was it, about Detroit being on the decline?

This sort of thing is market specific.

I’d like to ask a couple questions about one specific property I purchased Monday. 

@Tom OchiengI would reach out to a real estate attorney for specific advice on this situation since you already have one tenant who is being difficult.On a side note, when I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.