And then finally, there is always the option to just claim the regular standard mileage deduction rate of $0.67/mile. 

I don't know if that is included in the total rent numbers the owner supplied. 

At this time in the cycle there is just more demand than supply.

I would not supply any streaming channels.

It's a different animal than regular residential.

With the fires, labor and materials are going to be in short supply.

I've also held of holding properties in individual LLCs that are owned by one S corporation, which allows for a 60 / 40 split between ordinary income (regular tax) and dividends (capital gains tax rate).With the goal of minimizing taxation and liability protection, what would be the recommendation from more experienced people here?

Transcribing transactions from bank statements, posting transactions to the correct accounts, and then manually creating an income statement, statement of owner's equity and a balance sheet is a fairly time consuming process and I have not been able to keep up with the book keeping between my regular work responsibilities.What accounting software do people recommend? 

I still want to have a “regular” career for now, but know I have what it takes to successfully run a business- say in the form of real estate investing.

Originally posted by @Efrain Ruiz:I am near the Newberry area and travel to Columbia, Spartanburg, and Greenwood regularly.