This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

Quote from @Kevin Hoover:  Input needed for least tax methods of unwinding a family partnership in the next 13 years. 

Consider strategies like rental properties, BRRRR method, flipping for capital gains, multifamily properties, mobile home parks, Section 8 housing, geographic diversification, and building a team.

Seeing a lot of borrowers have success across the country, especially with the BRRRR method and the AirbnBRRRR methods! 

By adopting the house-hacking method—living in one unit while renting out the others—we plan for the tenants to cover the mortgage and gain valuable property management experience.

Figure out which method makes the most sense for you and look at the numbers for at least 10 deals.

Curious as to the draw fee amounts you all have seen that have deterred you from wanting to pursue that method. 

Yes, you can deduct related expenses including gas, loan interest, insurance, etc. using the actual vehicle expenses method to deduct auto expenses for your rental or other businesses. 

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

It's crucial to consult with a tax professional who understands the nuances of your situation to determine the most appropriate and cost-effective method for your tax filings.