We treat inspections like free maintenance audits.Every passed inspection extends the tenant’s timeline.

If the manager entity has no real business purpose, it’s treated as an alter ego.

I think that little ditty speaks to a tactic long neglected that you touched on, nobody seems to treat tenants like a customer.

You can absolutely deduct what you pay them, but it has to be treated as true interest, not a profit-share.

The Golden Rule Applies: The best way to handle this is to treat them exactly how you would want to be treated if you were in their shoes.

Business owners are not employees, they should really be treated as a partner. 

You lose access to long term capital gains rates, and the gain is treated as ordinary business income.

if you have a str, the first conversation should be with an accountant to see if you can treat the property as active instead of passive.If it is active, you will be allowed to offset the rental losses with your income such as wages, interest, dividends, etc.Best of luck!

Its a business - treat it as such.2.

You’re right to look at the numbers, but I agree with others here—don’t treat the cleaning fee as income.