Those with a 20-yr or less can be included for bonus depreciation (60% for 2024, unless Tax Relief Act of 2024 gets passed, fingers crossed!!).

Include website links, social media handles, or other online profiles so that people can find you.

You should make sure that the rental revenue meets all of your costs, including the mortgage payment, property taxes, insurance, maintenance, and vacancy allowance, since monthly rental prices might range from $1,000 to $1,600.Property Appreciation: Take into account the market's expected and past rates of property appreciation.

It is generally legal for a landlord to include provisions in a lease regarding the duration of guest stays and potential charges for extended visits.

A "proper lease agreement in place with right terms" would have included the condition checklist. 

Take into account elements including the property's state, the age of the HVAC, electrical, and plumbing systems, and any necessary cosmetic renovations to draw in renters.

As the new landlord, you'll assume the current lease agreement, honoring its terms and conditions, including the late 2024 lease end date.

I realize that our partnership would need to file our 1065 for 2023, but would then the partnership issue subsequent K-1s to me and my wife, to which we would include when we file our personal taxes?  

Their claiming the whole property is not up to their cleanliness standards which includes about 11 things and charging $500.

Also, maybe don't include your lender in every step you're making.