You can have a formula to pull the individual property tab income to this master tab.I have my ROTH IRA owned properties with a different colored tab and they are in a separate section on my master tab.

The information contained in this post is not to be relied upon.

As an investment property owner, this means less maintenance and fewer unexpected expenses from storm related damage, often resulting in more affordable insurance premiums, less wear & tear on mechanical equipment, roofing materials or exterior surfaces.

This mindset limits the size of investments I can pursue more than if I did not have this objective.   

Since this house is one I Airbnb part-time and live in part-time it's more painful because I have to experience and see all the issues myself!

Hey Ryan, I know there are some folks that provide this service but I'm not sure exactly how it works and how much trust is involved.If it's any consolation, I wouldn't sweat it too much.

@Samantha Stephens my experience is the property is only available for those will OO to bid on during this period.

I hear on podcasts about getting a title company on your team… what benefit does this give you?

Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were eligible for depreciation.In 2021, the bonus depreciation amount that you could take was 100%.This means that the owner could immediately deduct the full amount of eligible property in the year it was placed in service, rather than depreciating it over time.With that in mind, he took the full $347K deduction in his FIRST YEAR of ownership to offset taxable income from rentals.This was roughly ~20% of his purchase price.It was a big win for him.In 2024, the bonus depreciation rate is 60% so the calculation would be different.That said, you can still save and defer a ton.

think 10+ years at this point.