Depreciation is a non-cash deduction real estate investors use to reduce or sometimes completely eliminate taxable net income from a rental property.  In most cases, an investor must depreciate improvements…

There are a tremendous amount of transactions to keep track of with a short-term rental (STR) property. Guests come and go every few days, cleaning and repairs need to be…

Some of the biggest benefits of owning a vacation rental include generating extra income, building equity through long-term appreciation, preparing for retirement, and claiming deductions to keep taxes as low…

There are a number of ways to keep track of rental properties, including spreadsheets, software specifically designed for real estate, and general purpose accounting software like QuickBooks Online.  QuickBooks was…

Although accounting may be the last thing an investor wants to do, the truth is that it’s an important part of owning and operating rental property. A good rental property…

Total revenue for real estate and rental and leasing reached nearly $223 billion, setting an all-time record high, according to the most recent data from the Federal Reserve. Even an…