In 2023 it brought in around $8700 TO ME (after PM fees (20%), taxes, and everything are taken out) when this places costs me $40K per year between mortgage and HOA fees and all the other incidentals that come with being an owner.

The biggest thing that helps me to make a profit on vacant parcels is not to pay much for them in the first place and to find property owners who hate paying tax on some piece of dirt they never set foot on.  

I've never claimed tax deductions for this repair. 

I self-manage and I just give my accountant for tax forms and total for whatever I spend in appliances or anything else.I need to upgrade my Quicken 2014 Home and Business.

Adding them to the title to avoid the property tax hike that will happen once my kids inherit the property. 

Any tax benefit for havingnegative cash flow i.e let say you have rentals with +ve cash flow that add the total income and for me i already have w2 so that extra +ve cash flow make me pay more to uncle SAM (which i don't mind as such, Uncle SAM can use that to fix the roads i travel) will -ve cash flow properties will negete the +ve cash flow with a long term goal that at some point the -ve cash flow will become +ve and i pay uncle SAM more to fix the road due to rain. is that your thinking too :)I am not a tax expert but a long time RE investor.

Our only challenge right now is maintaining cash-flow while managing increases in:- Interest rates- Property taxes- Insurance rates

Hi Laura,DSCR loans look at your liquidity position, credit score, and the rent you will receive vs your principal, interest, taxes, and insurance.

Today, let's discuss property tax assessments.

I sold my Denton County properties as the costs (primarily property taxes) were getting excessive.