I owe no back taxes and I am currently up to date on my mortgage.

Days wind down and now they have a (knee jerk) reaction and buy something non-optimal for a property just to avoid tax penalties.Had they been realistic starting out they would have had time to locate quality properties to buy instead of looking for a Unicorn.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

@Ben Cochran I hope you have factored STR tax savings into your cashflow and ROI as it can be significant.

Is it a tax write off?

And easy to add up the expenses for each property every year when I do my taxes on turbo tax.

I also am sure to collect W9's from my contractors to make sure they don't try to not pay taxes on the money I paid them to get over on me that way.

#s: value: $440k each, total debt: $310k each (incl. arrears), prop taxes/mo: $500, insurance/mo: $25, common charges/mo: $380, rents/mo: $2700 & $2250Pls feel free w/ any solutions / input / ideas.TxDave

Then I have to file a tax return for my LLCs.

You make all of the BAH payments back tax free for you.2.