Maintenance/platform fees/cap ex/rental insurance - $2,000Income - $10,800Expenses - $12,532Is this somewhat accurate?

While the “debt to equity” practice may not meet MY PERSONAL definition of “fair”, in and of itself it is not illegal, unethical, or fraudulent.Truth is if the posters warning about the subject have accurately portrayed the specific situation, there is cause for concern.  

You cannot afford to waste time.Just make sure your numbers are accurate otherwise you can create a bad rep among real investors. 

Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.

Hey STR folks, trying to make a clear comparison of the different STR data sources and curious to hear your thoughts on which STR data tool you find to be most accurate out of AirDNA, Mashvisor, Rabbu, BNB Calc, PriceLabs, STR Insights.

Would also echo AirDna is very useful, their paid software gives tons of great market insights and decently-accurate information on pricing potential for properties

You need to run accurate, complete, numbers first.

Even with bay area prices this shows a very accurate picture of rehab.

I'd rather be slow but accurate rather than fast and inaccurate.”This is in violation of Ohio Statutory Law governing the management of residential real estate properties.