However, while we were cleaning up, we treasure hunted out at least $3000 stuff, including $300 cash on the floor, several un-opened Amazon boxes, new-in-box computer/gaming items, hair tool ($300), YouTuber's gadgets, new with tag heated jacket ($220), an unassembled exercise bench ($500 at least), so many new or near new stuff that you can sell.

Door lock, detector batteries, other consumables, replacement of damaged or disappearing items like pool towels and linens, replacing blown out screens (I spent over a grand just on screens last year though we did have a freak huge hail storm).

It's used to save money for sure, but it is a good item, even plywood will delaminate & mold from an ongoing leak.

I plan on fixing the punch list items once the tenant vacates, so that the home will pass the Section 8 inspection.

There are quite a few action items  most real estate investors fail to implement that are far more helpful with respect to asset protection than merely creating an LLC.

So I get it when I hear someone say that they cringe when they hear BP podcast hosts or big personalities hawking their programs, books, learning programs and other items in either a back-door or blatant way.

They gave me a punch list of items which we completed and agreed to an inspection which only took place on paper. 

The heavy items are free too so if you want a big credenza and have the help the price is right.

You may potentially be entitled to some itemized deductions.If you are considered in the business of lending - the income is considered business income and also taxed at your marginal tax rates for both federal and state.

I can also bill the tenant back for ad hoc items such as damages, utilities, etc.