the fee is probably tax deductible as a business expense.Let us know the outcome!

Not the 10 percent down aspect, just the whole idea that you can deduct against w-2 income without being a RE professional.

Child deductions aren't a loophole.

Each area has a table owners can use to calculate the deductions for utilities they do NOT want to include (or can't - like MFR with only one water meter).

Major issues like foundation work, bathroom renovations, and deck repairs are considered capital improvements, which can be depreciated over time, allowing you to offset a significant portion of your rental income with those deductions.

Hold the bill until they terminate and vacate, then deduct the cost from their deposit.

Keep Consistent and Organized RecordsOrganized records make it easier to spot issues early and take advantage of tax deductions.

Basically only NE Jackson has owner occ activity Sojac very little to none anymore all investors who are only going to pay for what ever the cash flow is and deduct for risk.

@Jamie Dupont From a tax perspective, you can deduct repair expenses related to the damages caused by the tenant as long as they’re for restoring the property (e.g., fixing holes, broken fixtures).

What is great about an HSA is that you get tax-deductions for contributions.