In my opinion, since the tax code is open to interpretation, I interpret as much of my costs as repairs unless something obviously falls into the definition of asset.

So, create status codes for both of these and a few in-between codes to help you work smarter, not harder.

How easy is it to change the code when a tenant moves out?

What zip code is the property in?

In San Diego, there are ~198 pre-foreclosures, ~1962 vacant properties and ~17 code violations. 

Regarding the payout inefficiencies, I remember the nightmare that some folks were experiencing with state unemployment benefits during Covid.

This ends up being mostly infill zip codes. 

Quote from @Mohamed Youssef: Cost segregation can dramatically accelerate depreciation and tax benefits, but I've seen investors waste money on studies that delivered minimal value.

Provide strong asset protection benefits, shielding assets from creditors in many circumstances. eg: creditors may have difficulty seizing assets held in a Wyoming trust, depending on the trust's structure and timing.3.

Pairing a smart lock, such as the Schlage Encode, with Hospitable saves so much time since Hospitable seamlessly automates door code management by creating unique codes for each guest reservation and then, subsequently removes the codes after the guest checks out.