She was paying on time and left the place clean.

Spending more than 100 hours and more than anyone else, or substantially all the time in the business.So if you own an STR and meet the test, you can set up a tax deduction machine.Some issues -- You have to count your time, and the time other people work in the biz (cleaning, maintenance, etc..)- If use the property more than 15 days or 10% of the time it becomes a residenceI suspect this is part of why the STR trend has picked up so greatly amongst professionals working in tech.

Our cleaning fees for the year were $40k, landscaping $2.5k, handyman $3k... all tasks that can be done by an operator and off set the loss of income from occupying the main house that brought in about $40k for 2024.My wife and I have decided that even though it makes good money, we have been in Texas for a year and we want to do something similar here and we are very much DIY people and don't want a PM company to run it to the ground.

We then cleaned all of the mold and reinsulated the attic.

That teaches the occupants that they aren't 100% responsible for cleaning up after themselves.

Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)

We have expansive soils here (clay that expands when it gets wet) as well as some older cast iron lines and even some orangeburg so it's common to see sewer line issues (often just some tree roots that need to be cleaned then the line re-scoped).

The person hired a company to clean up my 3rd house and gave me a surprise of 400 USD bill for the cleaning when it should be at maximum 150/200.

Also note that Rabbu does not take cleaning costs into consideration, so that will lower it.

hi all, thank you so much for point it out, I apreciate your all respond. i hear your all.I just learn that there is no super, just a guy to clean and take out the garbage for a fee, is a 18 unit condo. that we outsource to a hoa to be in charge. so i reach out to hoa pretending i am the apartment that has leak, ask for advice, her respond is the following:you will need to hire a plumber or handy man to figure out the leak.