You are likely able to take bonus depreciation on both expenses, which means for the 2021 tax year, 100% expense.

You came out on top, with a headaches included as a bonus, lol. 

The most we can hope for is to get most of our money out and anything else is good an unexpected bonus.

I don't invest for cash flow, I invest for appreciation and depreciation and cash flow is just a bonus if I can find it, but that might not be the case for someone who is trying to live off their rental income. 

After standard deduction 24,800(married filing jointly), I have a negative taxable income of -24800 which is same as 0, meaning I don't get any bonus points for having large negative income. 

I just give them the signs & locations, and leave the rest up to them.I personally would not hire complete strangers for a job like that unless I absolutely had no choice.I know some who hire through craigslist ads, and pay a base + bonus/deal.

If you really wanted to get creative and incentivize good work, we have experimented with giving bonuses to our cleaners based on the reviews. 

As a bonus we painted the old dairy barn to match and trenched electrical out from the house, added lights and outlets including 220V.

"I did not spend my stimulus money or $600/week bonus unemployment, that I should have been saving for essentials, on a large screen TV or new furniture"

@Ashley Gish I am doing all 3 recommendations I've seen.1) With a nod to George's philosophy I take all windfall money (primary residence flip capital gains, W2 bonus, etc.) for my next reasn estate deal as the most LOGICAL use of my money. 2) I refinanced my remaining 68k @ 7% student debt last month down to a 5 year @ 3.64% (feel free to calculate your hourly income/ savings equivalent of the 3 hours I spent refinancing - I plan to pay off in 3 years regardless of term and rate, still save a couple thousand over the 3 years).3) Reducing our lifestyle inflation (cutting expenses by living more intentionally) and using the extra money to throw at the student debt.