@Charles Baker Bryan gave a great explanation.

In that case, there are numerous CPA and accounting firms in India that specialize in serving small businesses in America.

I have investments that send on-time quarterly reports with documents like rent rolls, expense reports, detailed explanations of whether we are in line with initial projections or not and if things have been improving or not and why.

When you raise the rent the tenant may request an explanation and it’s very easy to explain that in order to continue to service them and respond to their requests you need to charge them more. if your average rent is $1,000 per unit and the average tenant calls 2 times per year why is it fair to the good tenants that this troublesome tenant to call 50+ times per year and pay the same rate? 

There are numerous platforms available, each with its advantages and disadvantages.

The numerator is the actual money remaining on hand on an annual basis, and the denominator is the total amount at the time of purchase of the property.

KBKG was the first company ever to launch a self service software for properties this small and it has been through IRS audit numerous times.

RandyThank you for such a thorough explanation Randy!  

I have been working in the cost seg industry for over 15 years and have successfully defended numerous studies at audit.

Applicability of the tax or legal principles discussed in this material may differ substantially in individual situations.Thank you very much for the comprehensive explanation of the tax related details and the advice for Drew Sygit.