The stress over a couple of thousand dollars in deductions is not worth it even though it will probably not trigger any audits, Refinance is your most important goal is take care of that, besides you can always amend your tax return later on good luck on the refi

Here were my requirements with online payments (and have been a strong advocate for my current provider because they offer it):1. requirement to receive only full payments (no partial)2. ability to cancel payment requests after I serve the eviction notice3. won't give the tenant my bank account info (learned this mistake from direct deposit)4. requires me to request payment (although I do recurring and shut off if needed) before tenant can pay meThe major property management softwares should provide this feature.

So the current owner of the note has the rights to collect on the note.Now there are companies that do forensic loan audits where they check for proper transfer of loan rights etc. 

The biggest help is having PM software in place that makes the process scalable (I use Buildium, but there are several others to consider).

Curious if others have tips/tricks for keeping track of interested parties while filling vacancies. When I'm at home in my office. I log people responding to my ads into a spreadsheet. While I'm at work/on the go, I'm...

I've prepared our taxes for years using software like TurboTax.

That being said, what would you recommend is the best software for the job?

Big dollar (income) returns and returns with many schedules (particularly Schedules C and E) are audit flags, so many pros will charge a premium for these types of returns due to the exposure, even if there's not much to report.Many will say that you get what you pay for, so be wary of a tax pro who would only charge a couple hundred dollars for something like this.

Im embarassed to say I havent even started using any software based tracking.

What I do/have done in an audit situation is to provide the applicable IRC references verbatim, then state my own facts and circumstance and then phrase by phrase state how my situation is governed in my favor by the IRC.