If you perform a cost segregation study for your short-term rental property, you would typically file Form 3115 (Application for Change in Accounting Method) to claim the depreciation adjustments from the previous year without needing to amend your prior return.

I keep hearing about the rent to retirement company so I watched their online video.

Think of it this way: if we were to screen tenants on criminal background, credit, eviction history, landlord references, and income (3X that of rent and employee verified), even with 25 tenant applications, it's difficult to find a reliable tenant to match all those criteria.

Focus on affordable housing, such as PadSplit, and understand the application process for Section 8 housing.

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

@Leslie Hsiung   you might listen to and watch the https://replaceyourmortgage.com/   I think it will give you all the answers you need to know and it also has calculators to put in the info you are talking about in your previous post.  

Anyone watching for that location tag can see your posts and respond/connect.

Whether you are a buyer, seller, or investor, staying informed and flexible will be essential for success in this dynamic market.If you want to listen the full conversation you can watch the podcast below...

Do one task at a time in each app to compare apples to apples.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.

I'm a travel nurse and have been sending applications via email.