I am also going through the eviction process in Winston-Salem called a bunch of attorneys and yeah they want crazy retainers however I was referred to one where there was a $300.00 hour phone consultation.

They remit the taxes.

An other advantage of paying with credit card may be that you will not have to send the provider a 1098 tax form (only an issue if the total yearly amount is over $800). 

The interest would be tax deductible due to interest tracing rules. 

@Stephen Fleming your cashflow probably won't be what you think it will be:(Have you factored in the new property taxes at homestead millage rates?

Great hosts will be good neighbors, will contribute to local tourism and will pay their taxes and permit fees* A major area to improve on the proposal is the 1 hour time-limit for resolving complaints.

You can always use a software like Turbo-Tax and follow the prompts.

These properties can appreciate in value and offer tax benefits like depreciation and mortgage interest deductions while financing terms are often favorable.

These are features like online renter payments, tenant portal (for payments and work orders), help keeping track of work orders, tax reporting features, and accounting functionality.

A mortgage lender can help determine if refinancing or tapping into equity might allow you to acquire additional properties.Consider a 1031 Exchange: If you're open to selling a current property, a 1031 exchange can defer capital gains taxes while enabling you to upgrade to a larger or more profitable asset.