Here are some quick end-of-year tax strategies to offset rental income:Cost Segregation: Buy a short-term rental (STR), put it into service, and use cost segregation to accelerate depreciation.Prepay Expenses: Pay for repairs and insurance now to deduct this year.Defer Income: Delay rent until next year to lower this year’s taxable income.Maximize Deductions: Deduct property taxes, mortgage interest, and insurance.Charitable Donations: Donate before year-end to reduce taxable income.These won’t offset W-2 income but will help reduce rental taxes.

I"m a big fan of Xero as an alternative QuickBooks for rentals mainly due to much lower cost and still having a robust accounting software.

The rent to price ratio's look really good for Texas (as well as compared to national levels) and my models cashflow at 20% down if the rate is at 5% or lower, really at the current rates its more breakeven but there Refi potential over the coming years and there is appreciation upside in my opinion with the new Tom Thumb, HEB, and Target breaking ground this year making Forney a more classic style suburb.

The lower dollar loans have a very high percentage in closing costs because the cost to underwrite a $500k loan is the same as a $75k loan unfortunately.

Given that the home was $90,000 post rehab, I have to assume that it is in a lower income area.

As Allen says above, there are gaps.FF.com is $149 a year per listing, and Avail.co is $7 per month for a pro listing (there are lower and higher tiers, I believe).

Just 7-14 days instead of 30-45 days for a little lower amount if they’re that desperate. 

not sure I know exactly what those mean yet except to say I'm looking for more long term equity to have better tenants/houses than better short term cash flow with lower tier properties.  

Hi all,With this interest rate, when should I might try to refinance to lock in a lower rate.

Lead Safe certificates have a lower standard and the tests are cheaper, however the certificate and registration needs to be renewed regularly.