According to CoStar, “However, after accelerating in the first half of the year, rents have contracted swiftly in recent months, declining by $79/unit nominally since the end of the second quarter.

Schedule going through your property once a quarter to fix any and all issues.

Shain,I recommend finding an accountant that specializes in real estate taxation over one that is local.

After this fiscal quarter I will get a nice commission check and will do some more research or those areas.

Yes, I've done Storage - over 3,500 units and buying/developing 4 more facilities this quarter.  

If you are working with a Realtor, they should have plenty of insight into the historical tax records but if there are specific laws in your jurisdiction regarding taxation for investment property you will definately need to research it.

This was my first quarter as a business owner.

Make your owners more money than the competition would and do quarterly meetings with your clients to report how things are going.

I am having a hard time understanding your first question.You don't get a tax deduction from the IRS.If you are entitled to write off an expense, it should be eligible for 100% write off on the return.Whether it offsets your other forms of income(such as W-2, Interest, Dividends) will depend on factors such as your income level and/or whether you can claim real estate professional status.A CPA that specializes in real estate taxation will have a better understanding of real estate tax laws that may benefit you for your 2022 tax filing(or a future tax filing).Best of luck

I write my goals every December for the next year and I break them down into quarterly milestones and monthly objectives.