If the property qualifies as a separate activity, you may be eligible to claim bonus depreciation through a cost segregation study, which can provide substantial upfront deductions — particularly beneficial if you are in a higher tax bracket.However, if your income level is lower, the cost of the study may outweigh the benefit.

Charlotte > Houston and PhiladelphiaA lot of fortune 500 companies are building new offices in Charlotte.Weather is greatThe state tax rate is decreasing(and overall considered low)The city has a high end airportCharlotte, in my opinion, has the opportunity to be a large city(maybe not on the level of NYC, LA, San Francisco) but just a level below.

Yes, QuickBooks Online for owner-level books + your PM’s Buildium for tenant/operations is the best combo.QBO structure: use Locations = each property; Classes = Owner vs PM activity.Chart of accounts mapping: mirror Buildium’s categories (rent, repairs, utilities, fees) so imports line up 1:1.Monthly workflow: export Buildium GL/owner statement → import to QBO (journal or detail) and tag to the right Location.Keep these in QBO (not Buildium): mortgages/escrows, insurance, pre-PM repairs, licenses, mailbox/RA, general overhead.Bank feeds & rules: auto-tag recurring spends; reconcile monthly.Outputs for lenders/accountant: P&L by Property (Location), Balance Sheet, Cash Flow, Debt Schedule, and a Schedule-E pack.

The amount of people I meet that are going to quit their job because they are going to be the greatest investor since Buffet is unreal. 

.--- You can also go down ONE level, but only in high demand areas.

Quote from @Elealeh Fulmaran: Shahab, start with these three that turn theory into action fast: 1) The Book on Rental Property Investing by Brandon Turner for clear numbers, deal anatomy, and beginner-friendly frameworks; 2) Real Estate by the Numbers by J Scott and Dave Meyer to level up underwriting, sensitivity checks, and real-world decision rules; 3) The One Thing by Gary Keller to lock your focus so you actually execute your first deal instead of dabbling.

That realtor will never know the data at the level that STR Search does, but they are part of the process.

I’m seeing a mix of:• Entry-level value-add SFRs in South Austin• Heavy fixer flips with good spreads• Small infill lots that builders like• Occasional higher-end fixers in West Austin• A few lower-priced opportunities outside the cityCurious what everyone else is targeting right now.What’s your current buy box?

Start with a tiny win you can control: pick one neighborhood, one property type, and one rehab level you’ll touch, then run noise-to-numbers on 20 deals and make 2–3 offers this week.

The entry level Quickbooks subscription doesn't do what you need/want it to do.