What I love about Baselane is that it was built BY real estate investors FOR real estate investors so it's really dialed in to what you're going to need in order to prepare your taxes, keep your books up to date and the more operational aspects of being an REI like tenant vetting and processing rent payments.

If you were financing a property that netted $300 after principle, interest, taxes, and insurance (PITI), and say your rent was $1,200 a month.

Are you sure prop taxes are forgiven?  

Your best advice would come, for a Tax Advisor NOT a Tax Preparer (CPA).

Readers should seek professional advice.Hello Ashish,Would love to connect and discuss a little more about the potential tax aspects of all this.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

The customer feature also links to the project feature if you want to make use of that eventually.This structure works great for our clients and their tax pros.

I look for cashflow to service the debt, repairs, cap ex, taxes, and insurance while the equity grows, my taxes are decreased, and rents are increased to make more cashflow. 

You get your tax benefits.

The Big plus is the tax deductions they will be able to take as well!!!