I have never heard of a property manager returning a full deposit without deducting money owed.

You have to manage your business processes correctly to maximize your tax deductions. 

@John GochangcoWith the new tax laws I’ve found it is better to have rental property for the deductions and salt issues.

Hello, I am curious if repair materials can be bought before closing and deducted on the following year tax returns.

If so, will we only be able to deduct the losses based on their percentage of interest in the LLC (i.e if the each have 45% ownership than we can only take 45% of the passive losses against each or our W2 incomes)? 

It is difficult to charge a cleaning fee, then deduct cleaning from the deposit.

And with the master policy idea you're gonna have one deductible that applies to all the properties so if you got 1 home that a tree falls on, your deductible is going to based off the entire policy valuation and in most cases is going o be more than the actual claim itself.

+1 to what @John Warren said regarding repaying your student debt. it's cheap debt and is deductible to some extent on your taxes.why not consider buying a 2-3 flat apartment building and living in one of the units?

Fines are being levied against owners who receive complaints.

I have taken the depreciation deduction 4 of the 5 years, and I believe my tax basis is around $95-100k.