These folks often have "pocket listings" and different FedEx route opportunities, both on and off the market: https://capitalbbw.com/categor...Best to do your homework, and the first year is not the easiest, but once you get the hang of it, it's well worth it.

What do you guys use for book keeping, to categorize transactions and generate Profit and Loss reports for your CPA? 

From there it's point and click categorizing and tagging of income/expenses to their respective properties. 

Thanks goes to our dedicated accountant, Daniel Barakat, who patiently listened and then taught me how to categorize transactions (I am in sales, not boring math for darn sakes).

If you don't have an iPhone, just send them a text at the event with your name and that you are a new investor.That is a great categorization @Nicholas L.— referencing this will help you see which events are most beneficial for you.

However, the more I learn the more I feel like I can't even finish my taxes on my own and question everything I am doing with depreciation and the way I have categorized costs.

I saw it as an opportunity to improve some of my data tracking & categorization practices.

I tend to categorize investors into 3 groups: Group 1: Too much deal flow and bandwidth but not enough money - (Lending is the key to this group's success/scalability)Group 2: Too much money and not enough deal flow - (All cash investing is the right decision). 

Notably, short-term rentals are categorized as non-residential properties.

Meanwhile, rentals aren't passive, only for taxation purposes as categorized as the IRS.