Record lease data using software or spreadsheets, correcting any errors or discrepancies.   

The IRS focuses more on discrepancies, missing information, or suspicious patterns rather than the sheer volume of the return itself.It’s great that your CPA is knowledgeable and has handled IRS representation before.

Also, agree on how the property will be used, who can live there, and under what conditions.Contribution Reconciliation: Determine a process for handling situations where one party cannot meet their financial obligations or if there are significant discrepancies in contributions to expenses.Legal and Professional Fees: Decide how legal and other professional fees related to the purchase and management of the property will be shared.Taxes: How will the tax advantages be divided?

My messages will have [short cuts] to information within the listing so when the information changes, I only have to update it in a single location.As a guest, I can't tell you the number of times there are discrepancies between what a host will tell me in a message versus what the Airbnb listing will say.

Have you run into that discrepancy?

.- Price Discrepancy: There's a notable difference between the median listing price ($295,000) and the average home value ($201,945).

That's a big discrepancy.  

HUD loans sometimes have specific conditions related to repayment or subsidies that might affect how they are handled.Balance and Unpaid Amounts:The discrepancy you mentioned between the mortgage statement and the HUD loan amounts might indicate deferred principal or accumulated balance under specific conditions of the HUD program.

On the pricing page, it's mentioned that PRO perk is to get free RentRedi software, but on the member perks page, it's only a 40% discount.Has anybody successfully gotten the free rentredi usage?membership plans page:...

Then the current owner(seller) would sign off on it granted there are no discrepancies.