The good ones will explain their tool, so you understand the process:)

If it generates numbers that you can't explain to a potential investor it's not super useful. 

@Mel Rosario  I’ll try to explain it more from a tax perspective.

My colleagues have done a great job above explaining the requirements.To add, you need to know the hours that count and don't count for the purposes of material participation.

(Happy to explain this in depth)2) Keeps comps steady and higher for sale values.3) Builder may own the lending company, so they can spread the cost around and not just take it at the development company.4) Builder may have an agreement with the bank/lender that shares some of the burden on the incentives.

., flipping or developing with the intent to sell).As Josh explains, the IRS and courts tend to focus heavily on intent and the taxpayer’s ordinary course of business.

You might even want a CPA who can handle it all, tax planning, bookkeeping guidance, and strategic advice, so you’re set up for growth and efficiency as your portfolio expands.Here are 3 things I’d look for when interviewing CPAs for a real estate portfolio like yours:Real Estate Expertise: Experience with both long-term and short-term rentals, understanding of deductions, deferrals, and strategies to save on taxes.Proactive Guidance: Someone who actively looks for ways to optimize your portfolio and keeps you ahead of tax law changes.Communication Style: They should explain things clearly, answer your questions, and work in a way that fits your style, virtual meetings, email, calls, etc.Once you narrow it down, you’ll have a much clearer picture of who can help you save the most and grow your portfolio efficiently.

-Include a short cover letter explaining:“This is a courtesy re-mailing of the same Security Deposit Claim Notice that was originally mailed to your last known address on [date], by certified mail tracking no. [####], which was returned unclaimed.”

Paperwork and billing was poorly explained and often incorrect.

However, that's less than ideal for me because it automates 2 separate templates (one isn't customized and explained above) and the other is VRBO's email template (which I can't find yet to edit or get rid of) which has all sorts of incorrect things such as review the rental agreement (we don't have one beyond House Rules) and how to pick up keys (we're 100% smart locks).You're exactly right with the clunky nature of high demand dates so in one case when I actually pre-approved a return client, they couldn't pay (that was the problem and absolutely with VRBO's system) despite repeated tries and another request from a different guest for those same dates overrode my pre-approval and it was a huge mess.As hosts, we have to act as if VRBO won't find a fix.