If rent payments are missed or damages occur, this gives you legal recourse against any or all tenants.Best Practices:Professional property managers, like those managing rentals across North Texas, always screen every adult living in the home.

I use a CPA, too, but I like to do my own bookkeeping throughout the year and send him a tax package quarterly to review.  

Just download their tax package and you're done!

So you can have section 179 losses for your rental even if the rental isn't generating positive taxable income, as long as you have other active income. 

.: Quote from @Edward Toomey V:I’ve had rental properties for over 22 years.

Can't tell the number of computer system installs, Startups, bankruptcy workouts, Team development, Brokers/consortiums, finance packages, etc that I did working many hours a week. 

Hi All,I know this question probably comes up often, but I wanted to ask: if you're using QuickBooks to manage your rental properties, which plan are you using?

@John Brown Running a short-term rental (STR) on a subleased property, often called rental arbitrage, is feasible but requires careful planning.

I’m considering tapping into this equity to fund future fix-and-flip projects or even purchase another rental property.My questions are:Do you think leveraging the equity in my properties is a smart move for real estate investments?

Quote from @Divya Sosa: Hello,I had a unit up for rental (a townhome) and received an application from Zillow which showed that she has no criminal history and credit score was good as well.