Keep track of it now then later, pays off big time.Tracking is not only for tax time, but it is also about building wealth, strategizing cash flow and more ....The investor does not need to learn how many years it needs to be depreciated and neither the person recording.

Account Closed, if I was in your situation, I'd find a federally insured banking institution to hold my money with a reasonable interest rate while I learn and strategize how to use it. 

Its pretty robust, but it does not replace a full service accounting software. 

My chief aim is to actively engage in the markets acquiring properties and build a robust portfolio.

Also, we bought a condo in 2005, and short sold the condo in May 2012 (strategically, hired an attorney, from start to finish the process was 3 months, barely even missed any payments). 

However, many investors use the 1031 Exchange as a strategic way to solve this problem by selling the lower valued property and then exchanging up in value. 

I prefer using awning.com which does NOT include cleaning fees.Either way, if I was buying a property, I would want a robust under-writing process of:1) on-line tools (airdna, awning, etc.)2) Local realtor/PM data3) enemy methodIn this market, I might then layer on a trend, seeing as macro data would indicate that STR's hit a a peak Rev PAN in 2022. 

Through a LOT of strategic communications and negotiations, I eventually got them to accept a price of $790,000. 

Someone who enjoys strategic and careful planing, and knowing how to utilize the numbers.

I much prefer having everything just transfer over.As far as your questions... they are more strategic and visionary type questions, but here are the answers: Yes, I'm wanting the properties out of my name to protect against possible lawsuits.