Maintain detailed records of all renovation expenses to substantiate deductions and ensure compliance.This post does not create a CPA-Client relationship.

I actually was showing it to a client, he was not interested, but I was!

I ran my own proforma and used an 8% vacancy rate and a 35% operating expense margin, which are the %s that most banks my clients work with use to underwrite their DSCR loans.

Document all rental-related expenses and mileage carefully for tax purposes.This post does not create a CPA-Client relationship.

*This post does not create a CPA-client relationship.

I want to track exactly what you do as a service for my investor clients, but not get into property managment. 

For my business, outsourcing helped me stay focused on client relationships instead of being bogged down by admin tasks.

I had a client who thought they did the eviction correctly, and ended up in court as one of the occupants who had moved 3 months earlier said her stuff (including 3 rollex watches) was thrown out. 

I always tell my clients to put a reminder on their phone to go off monthly to ensure they pay off all debts like this that can cause them to have higher credit scores. 

This post does not create an attorney-client or CPA-client relationship.