They can show the other units, deal with contacting your list of trades people when issues arise and for that they get a deduction in rent.

The HGAR membership fee is a little under $600 per year, but that's a business expense and you're going to use it as a tax deduction as well as all the other expenses accrued for business related tasks. 

You need to document any deductions and return any unused deposit with 30 days of move out AND being given a forwarding address 

Start with a deposit from which you deduct the first month as it comes she reimburses you.

IRS Publication 527 lists all the specifics for qualifying for this deduction.The website I read it on was: https://finance.zacks.com/can-deduct-depreciation-...This might also help: p527.pdfI hope that helps :-)Good luck and great job thinking outside of the box!!!

The other major benefit is that houses you live in don't allow you to claim interest payments or maintenance as tax deductions while investment properties do along with having depreciation.

Plus, you can likely sneak a few more deductions into your LLC, than you can the 1040.

She never responded to the original summons for eviction, and we won by default, so she will not be getting it back.In FL, a landlord has 30 days to respond to the tenant with a list if itemized deductions from the security deposit; the tenant then has 15 days to respond to that.

For a deductible loan(mortgage or HELOC up to 100K or for business purposes) you will only have to earn 450 to pay off the interest. 

Our CPA (whom we chose because he is also an investor) neglected to inform us about changes in tax deductions that are the result of Obamacare.