It puts each expense in the appropriate IRS code and punches out year end summaries that I email to my tax team. 

All that means is they put you on an automated drip like every other agent, nothing special there.

You MAY be able to ensure nobody is living there and avoid the need to use a constable/sheriff by having the municipality's code enforcement office post a notice saying the place is "uninhabitable".

https://www.linkedin.com/in/bobprisco/AboutThanks for taking a minute (or two) to read about what we do and why it might benefit you too :-)At first glance, we might look like JUST another real estate investment firm.A firm specializing in helping regular people (like us) achieve true financial freedom, reducing risk, maximizing passive income, and saving on taxes…One that delivers 100% hands-off turn-key rental properties to our investors from around the globe.

To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.

REI Nation has special lending partners who know how to close these deals fast—we closed in 29 days.

Regarding Section 8 and grants, it's best to find other investors who specialize in this niche in your local market.

Look for "Pitch-Free" policies, supportive communities, and smaller, specialized meetups.

These are professionals with additional training and a stricter code of ethics.

Don’t skip a professional inspection of the property, as there could be hidden issues such as structural damage or code violations.