I see you suffer from insomnia and are looking for ways to solve that without medication 🤣🤣🤣....Taking depreciation isn't optional,  if you don't take it you still have to recapture when you sell...

My strategy was to establish credibility with one OTA before diversifying.

Have you established a team yet?  

Originally posted by @Matt Lawrence:Originally posted by @Jay Hinrichs:Originally posted by @Matt Lawrence:Originally posted by @George Munoz:I  reached out to them couple of week ago , thanks for posting this,, didnt release any info, but established connection ..   

Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!

They can also guide you in choosing properties that appeal to dependable tenant demographics.Access to Reliable VendorsProperty managers have established networks of cost-effective contractors for renovations and repairs.

Quote from @Jaycee Greene: Hi @Chloe Salcedo, welcome to the BP Forum and I'm sorry to hear about your medical issues!

Personally, I follow this standard for every application I receive:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)This process has helped me place quality tenants over the years.

They claim only 2-3 percent of the companies are audited so the more clientele they have the percentage of audits will be less even if they make some calculated risks.Few Deductions they highlight which you can get with proper planning and right CPA.1) 119A - Revenue stream bifurcation2) Augusta Loophole 280A - use primary residence for 14 days of business and pay you back without tax implications.3) Paying your medical and children education fee using c-corp4) offcourse the famous charitable llc - another program and package.Thanks for the insight.

If we hope to be in business over the long term, we have to establish "fair and reasonableness."