I know this topic is old and collecting dust...But I am in the same situation here.

Hello, my name is mike and I am with a national default outsourcer handling loss mit, collections, foreclosure, REO, etc on a national level for a variety of lenders.

On average, half the rent you collect will go to expenses.

The IRS wants to collect as much money as possible and as fast as possible.

Bait it and collect the creatures one at a time.

The rent roll will show the current tenant and rent collections for each unit.

The first one I found a T/B for and got $2,000 option fee and am collecting $975 per month, this is a 36 month term.

If not let me know and I'll look thru my collection.

That’s why VISA charges as much as 18% to 24%: Collecting high interest from some customers reduces its losses when other customers don’t repay their loans.)Reason #4: Mortgage interest is tax-deductible.Not only are mortgage loans low in cost, the interest you pay is tax-deductible.

During the first week of the month, like most landlords, I'm tasked with collecting rent, paying bills and utilities, and as always, looking for more property to acquire.I have never expensed lunch when i'm out and about running these "errands" but a fellow landlord told me that he was deducting the normal 50% of the cost of meals when tax time rolls around.For example, my friend leaves his office at 10am, and drives to a property and collects rent from 6 tennants. 11am, he drives to a 2nd property to collect rent from 4 tennants.