It would only be applicable to capital gains and you are recaptured on most your depreciation.

I suspect you have a ton to add but careful with just cutting and pasting yourEngineered Cost seg comments on multiple threads is going to get you put into time out :)   @Jay Hinrichs Thanks, I didn't know that one could not post in multiple areas- it is applicable to all areas posted, but thanks for letting me know!

I am hoping to get some feedback on application fees.

After the owner paid for the license application, I worked with the county to get the STR license approved under the owner's name with me as the manager.

I get a lot of calls after an unexperienced loan officer drops the ball and a customer finds out their loan dies due to lack of communication up front on the application.

Lets goooooo Thanks for the mention @Michael Smythe,G'Day Geoff,We got your investor application and thanks for sending the POF.Our on-boarding is pretty stringent and we are known for turning down a lot of business.This approach has helped us eliminate headaches for the investor and us if we don't see a good fit.I'm looking forward to jumping on a call and discussing further and if nothing else at least pointing you in the right direction.I also suggest chatting with @Jackelyn Lee.

Amazon Amex - 5% back on all purchases on AmazonFidelity Visa - 2% back on all purchases dropped into my brokerage accountAmex Business Platinum - Points.

Most of my tenants have come from here and then Ill send them to the Zillow link to fill out their application.

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.

If the application is incomplete or the applicant doesn’t meet my criteria, or if I  can’t verify their employment and speak to their references, the applicant is denied.