The information contained in this post is not to be relied upon.

In the meantime feel free to check out a post I did a while back about Cost Segregation - The Basics (biggerpockets.com)

Please keep those posts in the Classifieds forum.Need a spreadsheet or form?

Property management fees and software subscriptions are deductible, and depreciation reduces taxable rental income.This post does not create a CPA-Client relationship.

Originally posted by @Travis Hill:I am reading a lot about property classes and how, who, and where are they determined?

i know i could probably look at your other posts but since you posted...

As for the rest of it, you can find a lot of useful tips on past forum posts along with podcasts and youtube material on the topic (BP and other RE sources).We've self managed STRs for a few years.

I don't want to violate any of the self-promotion rules on this thread by specifically linking or name-dropping, but it's from a data analytics platform I am working on specifically built for tracking construction, debt, and ownership activity in the Philadelphia region.I will be posting more detailed insights soon. 

I selected Lewiston for the post as I didn't see an Augusta option, but I do work all over the state.It was my family's property management business that brought me to Maine and sparked my interest in and passion for helping investors achieve their goals. 

Please keep those posts in the Classifieds forum.Need a spreadsheet or form?