My name is Levi Kidder and I am new into real estate investing.

Here's an annual list:Property taxes, insurance ($1000 deductible), Property management (1st months rent + 10% per month after that), and $1,000 miscellaneous expense (home repairs). 

If you use the cash out amount for another investment property, the interest will probably be deductible.

Spend the money evicting them for not paying the bed bug treatment.Let it go & deduct it from their deposit when they move out.

Tenant tried to submit a claim to HW and the warranty company would not let them without the owner calling it in, paying $50 deductible, AND providing the contractor to fix the issue.

This box affects basis but generally not taxable income (unless a "distribution in excess of basis" occurs).You're treating distributions as a tax deduction for the S Corp and income on the personal return. 

Hi All,I have an issue I want to seek your advice on regarding the fines that are levied on landlords due to negligent tenants not following the city rules on recycling and garbage.

These items can be deducted from the security deposit and can be used to offset some of the turn over costs. 

She ignores that and says if she is going to call somebody she's going to deduct it from the rent.

He probably will help out with the deductible or replace whatever was destroyed.