.💰 Tax Deductions Business Owners Shouldn’t Overlook:🏠 Home Office Deduction – If you use a part of your home exclusively and regularly for business, you can deduct a portion of rent, mortgage, utilities, and internet.

As a loan officer at Aslan, I'm excited to connect and offer insights into financing options for real estate investors.

Generally - the depreciation on the structure, mortgage interest, property taxes, repairs & maintenance, insurance, property manager, utilities, vehicle expenses (mileage), professional fees (reports/CPA), home office (office supplies, percentage of utilities, continuing education).

But they have a track record, they have spreadsheets of results and profits and ROI%s. 

Yes, @Dave Van Horn is a great guy with an excellent track record and a stellar reputation.

Hi Lawrence,You're on the right track! 

Or can you still run everything through your personal return (just want to make sure that I can deduct things such as HOA fees which I can do if it is a rental).2) If I do decide to run everything thru my personal tax return (save on LLC fees), should I at the least set up a separate bank account to track costs separately?

Hi Kevin,I'm a licensed loan officer in the state of Florida, if you'd like to schedule a quick call, DM or email me!

An office/in-person audit would require a face-to-face meeting, which you could request to have your CPA present for.

Assuming you hire a contractor who is qualified, keeping things on track is all about communication (this goes both ways - from contractor to client and client to contractor)