they are perc tested and septic approved lots. they are without a doubt " better than average" how do your provide a cost basis for the IRS on such a lot?

I have managed my own local properties for years, and if you combine all of their service calls it still wouldn't add up to this 1 property:1) Likely fraudulent charges2) No photos provided for nearly any work.

But that is what provides you the revenue to keep building. 

Build your network of individuals with access to information and contacts of interest - BP Local meetups provide good networking opportunities.To go a step further, you can find your own properties.

Find a property, sketch out the finances of the deal to see whether it will provide adequate returns and if not move on to the next deal.We evaluate dozens of properties every year but typically buy only 1 or 2.

I would be happy to go over your questions in more details and also provide you with more information on property management.Thanks!

For a TX real estate pro, Michael is an obvious choice of tax pro.Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.

Do mid term rentals listed through airbnb still need a separate, formal lease, similar to how a LTR would be set up.. or is the airbnb booking enough and provide enough safety to the landlord (e.g., tenant doesn't pay, destroys property, etc.)? 

I’m going to be attending monthly meetups and hoping to provide my service in order to start getting hands on, real world, experience in REI. 

Operator wants to sell to me.Willing to provide Environmental reports and such.Location:At intersection.