It just means you have to pull numbers yourself, but they won't be as accurate as Airdna, Rabbu, etc.

You can, ofc, record the depreciation once taken so the books are accurate, but it's a lousy tool for figuring out what the depreciation should be (or, providing your accountant with the relevant info so they can do it).What tools is everyone using for this?

You're paying down debt fast and your not accuring much interest at all.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

-Does the above list sound accurate?

Do the values appear to be accurate when you've reviewed them?

I don’t know how to analyze my numbers to make a decision and I’m not sure my assumptions are accurate. .

Would it be accurate to say that in this scenario, you would be forced to legalize the unit and forced to evict the tenant from the unwarranted unit?

My current formula is very shaky, and I want to present accurate numbers.

To avoid tax fraud, keep accurate records of your rent and spending.