We'll typically pay $25-50 each time we have to schedule a group viewing or inspection, delivered as an e-certificate from either Longhorn Steakhouse, Red Lobster, or Amazon.Works like a charm!

As far as expenses for things such as electricity and RE taxes (paid in 2023), those will generally be deductible on Sch E.

We used Dormkaba e-Plex on our 24-unit apartment for exterior doors and never had a problem.  

Of course, you can do tax write off if you own investment property using Schedule E, but please consult with your CPA the best way to do this in your particular case. 

Here are some of the highlights: quickly set up bank accounts for each property and sub-accounts under those for things like security deposits and CapEx; virtual credit cards tied to each property; quick transfer of funds; ability to send money back and forth to tenants (some platforms are for collection only but won't let you send your refundable deposits back to your tenants); easily categorize every transaction into IRS Schedule E categories for reporting taxes; ability to split transactions; tenant management from vetting to drafting lease agreements to collecting rent.

. § 1.469-5T(e)(3), the combined rental real estate activity is treated as a limited partnership interest of the taxpayer for purposes of determining material participation. 

In the past, RentingFamilyMember has filed Schedule E and apportioned expenses by rental percentage, including mortgage interest and real estate taxes between Schedule E and Schedule A.

On Schedule E, I can see the rents received for each property along with the interest paid.  

A follow up on this: do you all have mentors that you go to before making big R/E decisions? 

Does the company provide E & O?