Such expenses can include travel to and from a property, out of pocket costs to make a property to look presentable and any cost to a broker to maintain a license.Since she is considered self-employed - she may be eligible to put a large portion of her earnings towards a retirement account.Since you plan to acquire more properties - you should make sure the depreciation is calculated correctly.

Thanks for the input @Matt Wood looking to travel to ATL later this month to understand the area and the house dynamics.

I know the nyc market can be really tough so I'm looking into the pa market (possibly philly, scranton, or allentown) for a few reasons. 1 reason is because these locations aren't too far for me to travel (2hours away max) and I'm planning on managing the properties myself. 2nd is because of the markets I've found i believe have some untapped potential (the scranton area especially).

In the city I live in rent literally is $900 a month for a TRAVEL TRAILER!

My husband (@Sam Wilson) and I will be traveling from Vancouver to Calgary via Banff (and a few other places along the way) from May 1-12We'd love to meet up with other investors for a coffee or a drink - especially if you are interested in investing in the Memphis market or just want to chat about REI in general.Message me if you are interested (where you are and when is good to meet).

Travelers looking elsewhere and for that not to happen.

Travel for business development/sales $10K/yr.Would love your 2 cents on how I should assign the expenses (e.g. which companies should pay them) as they all benefit each business and assigning expenses to certain businesses would affect partner Kevin differently?

We met with him a couple times just to talk & he basically said he wanted to travel more to see his grandkids and it just wasn't feasable to try and maintain the properties as well.

your travels sound fascinating! 

The renters of my 22 STRs are travelling contractors.