(Unless it was a rental, then you have to pay depreciation recapture as well, usually at 25%.) 

Unless you have the rentals paid for by the time you retire, they aren't going to be enough to live off of. 

A popular Excel template is Vertex42 as it automatically includes spaces for property details, rental incomes, expenses, and a summarizing sheet.

They’ll help you spot off-market deals and seller-financing opportunities.Explore Creative Financing – If cash flow is tight, look for seller financing, assumable loans, or properties with strong ADU potential to maximize rental income.Expand Your Search Criteria – Utah might not hit the 1% rule, but duplexes/triplexes with an extra rentable unit (basement, ADU, etc.) could help improve cash flow.You’re on the right track, and you’ve got options.

We are looking to move from that, to a rental property, or a self storage property.Hey @Steve Wortman, welcome to the BP Forum!

So for the bookings we get on there, I am invoicing her monthly for the cleaning fees and then 18% of the rental rates for each booking.

I would want to target corporate rentals, travelers, students.

Max of three rental properties.

Hi Christian, after investing in 30 rentals and doing tons of flips here in Tampa, my go-to for most deals is an LLC—keeps it simple and gives you that liability protection.

I own a handful or rentals across STR, MTR, and LTR.