The most common shortfalls were:no Canadian transaction processing (so could not collect rent, nor handle invoices/service payments through the tool);did not accommodate a VAT structure, so GST/HST would be problematic;unawareness of Canadian regulations with respect to residential rentals (not a terribly big issue); andsome were unable to correctly accept a Canadian  address w/ postal code.I'm sure they've made some progress or there are new offerings that are more international and less U.S.A. centric.

So entire 30k will not be expensed. and what ever is expensed, if you have an invoice to support it there is no issue. 

Under that I attach whatever bids/invoices I have from the GC or other trades - our GC is super detailed, down to the light bulb...

All seller to get two bids, you supply the third and Y O U get to pick who does the repair, the invoice goes into escrow and paid from sellers funds.

I didn't get an invoice for the 2016 annual fee because the tax attorney overlooked it.  

After getting my receipts, I scan them into PDFs and organize them into property folders.Example folder structure:Property - 123 Main St-- Applications (keep applications on file in electronic format on advice from attorney -- two years is the statute of limitations for discrimination suits)-- Contractors and Receipts (contains scans of contractor invoices and scanned receipts)-- Insurance (contains policy declaration pages, invoices, etc.)-- Pictures (I like before/after pictures, pictures I use for marketing the rentals)-- Purchase (closing documents, settlement statement)-- Taxes (property tax bills and receipts)-- Tenants (information on tenants such as leases, scanned copies of payments)-- Utilities (utility bills for gas, electric, water, sewer)

Monitoring, invoicing, expenses, PnL are all viewable by class and the data entry looks always the same - - no scrolling about to find JoeDoe @ Elm St.Now say your growing by leaps-n-bounds and have TEN properties - - OMG, EXCEL becomes untenable IMO while QB is still the same, simple presentation as it was on day one. 

If you want everything, you'll probably get nothing except a ton of invoices.

Then my invoice lists the rent plus the additional fees due for the pets.

p.s. used compucram and it was utter bs and I actually failed the dang test by 6 points.