The company and others that he runs own nearly 100 properties across the city’s low-income neighborhoods, records show.

Commercial Revenue Generating properties like office buildings, apartment buildings, retail centers, etc (banks call it "CRE" lending) are typically evaluated from their net operating income, not gross.

This way, you can offset other income and potentially reduce your tax liability.I recommend discussing your options with a tax professional who can provide personalized advice based on your overall financial picture.

I am wondering if I can claim it as a repair(counting against rental income) or if it must be claimed as an asset (with depreciation benefits)?  

Real estate is and always will be a good idea because it allows you to create lasting generational wealth and leverage cold, hard, tangible assets!

This feels like an AI generated post to boost your presence on here.

If a form submission is not indicative of lead generation, and a ton of organic leads to my inbox is not an indication how effective lead generation is what is?!

Some background:I got into REI to earn enough income from rentals to replace my W2.

Another thought too, with multiple properties, if you use QuickBooks Online Plus version, you can use the class code feature/module to track income & expenses by property.Hope this helps!

Your "fixed income" funds do not pay any longer and you have excuse after excuse and refuse to return investor's capital.