Most accounting software allows yo to break up payments line by line.

Too many investors and tax professionals do not understand how vulnerable they are to audit by not knowing what they don't know.

I am currently auditing the past 15 months of statements, but I suspect this will amount to well over $10,000 across the three properties they previously managed. 

Notice this is for non software connected users.Big News!

You'll also want to make sure your cost segregation study has audit defense in case it's ever challenged in an audit. 

If you are audited the IRS will want to see supporting docs (e.g. calendar, CC statements, etc).If you've reached the end of this and can't make it as a RE pro there are a few more options:1.

Payments from them would have their name, so you could ID who paid what.Every PM software just automates this process.PS: change your lease so that it states you will NOT absorb the cost of wired funds and will deduct from any rent payment amount.

Please share your experience and recommendations for tenant screening software also general preferred platform for rental management (stessa / avail / baselane / turbotenant etc)Thank you 

I'm on the lookout for reasons I should switch over to another PM software, but so far DoorLoop has done everything I need done. 

You'll want your cpa to guide you on which hours count for materially participating (I.e. hours that drive your STR business forward) and make sure you're compliant and set up in the best position in the event of an audit.