Sometimes you can file a form for a reimbursement of some portion of that withholding which means you cannot deduct it as it wasn't actually an expense.Think of it more as a reserve account than a true expense.If you deduct it in 2015 and later get reimbursed for it, you will need to recognize the reimbursement as income in 2016.

I have a triplex with an ongoing mouse issue I'm dealing with. Only the top two units have mice. I've done a lot of sealing and had an exterminator come out several times, so hopefully they'll be gone soon between wha...

Typically, some sponsors (mostly mentorship groups here in TX), will be deducting ALL of the returns they pay against your equity i.e. as time goes on you will have less and less of a share in the deal. 3) Typically, expenses associated with asset management (for which they may or may not get reimbursed), can share in the cost seg and also have more control over the timing and frequency of distributions to manage their tax position better (unlike LPs). 

Have the tenants reimburse you and the bill by the number of bedrooms per unit (e.g a 1 bed apt pays 34% and the 2 bed apt pays 66%).

In case of a total loss, would you be reimbursed at $80k and have the option to either rebuild or take the money to pay off the loan or buy another property? 

Then, if they want you to become an attorney, they can pay for the last two years, or you could do distance education and use tuition reimbursement.

@Joe Scaparra - I agree that when the rent payment includes a utility, I don't feel we get a true reimbursement for actual expense.

Income:Rental income $90,000Parking income $1,600Laundry income $1,250Utility reimbursement $9,100Signing fee income $750Expenses:Maintenance $5,600Cleaning $3,000Insurance $2,600Taxes $11,600Utilities $3,500Gas $1,700Water/Sewer/Garbage $3,900Not sure of cap rate for area.

Easiest is to pay it with your personal funds and then a company check to you for reimbursement.

The policy I have covers accidents and illnesses: $100 annual deductible, 90% reimbursement, no cap, chronic conditions covered, routine items that aren't accident/illness not covered.