For taxes purposes cash you can push it to next year, from a GAAP perspective if you were ever selling accrual is better because your 2022 balance sheet would look better.

The way you account for it is you put the money in a savings accountDebit CashCredit Capital Expenditure Reserveand/orDebit CashCredit Vacancy ReserveThere is no expense and there is no income so from a tax perspective, it makes no difference until you actual spend the money

Would love to gain additional perspective on my first purchase, closing this up coming week on a 2 family property in upstate NY.

@Guy Gimenez Thanks for the response Guy, just wondering from a "costs" perspective. 

Rick - from a back-end perspective, they also handle calendar scheduling and subcontractor notification.

Could attend a meeting or two and search out fresh investors who may not have a team put together yet.

This is probably because the ROI on her 3 months of advertising is more valuable to her than the 30 dollars more a month.It all depends on what you can do with 1400 dollars more in your pocket today versus 30 dollars less a month in income/expense from a cash flow perspective.From a balance sheet perspective the higher rate of 4.75% makes your equity pay down of your 30 year loan slower (less amortization).What are you thoughts?

@Wayne Brooks   I understand your perspective. 

From a cash flow perspective..3.

I'm pretty sure most people would want the option to be able to open their windows for some fresh air.