Prepare for financing review
STR Advisory organizes the property and financing scenario, identifies information gaps and coordinates the appropriate application and secure document process when you proceed.
Explore the financing reviewRental-property documentation
Organize the records
behind your property decision.
Keep property facts and income evidence ready for financing review. After a purchase or refinance, prepare furnishing and improvement records for your CPA through the separate Property Depreciation Pro service.
Two related workflows, with different purposes.
Prepare the property for CPA review
Property Depreciation Pro is a separate service for organizing property, room, furnishing and improvement information for professional review.
Explore Property Depreciation ProBegin with a reliable property record.
Property facts
Verify the address, property type, unit or room details, intended rental use and ownership information. Correct returned data that does not match the property.
Transaction facts
Keep purchase and closing records, current loan details where relevant, improvement invoices and other available evidence together.
Income evidence
Organize leases, platform statements, management reports and available payment records. Keep research estimates separate from documented performance.
Know what is needed before the application.
The platform’s decision center shows reviewer invitations and an application-preparation checklist. Use it to identify questions about ownership, capital, income, insurance and other transaction requirements.
The lender determines the final document requirements. Provide sensitive identity, entity and financial records through the appropriate secure process when instructed.
Read application and document answers
After an appropriate transaction milestone
Prepare this property for CPA review.
When you are ready to document the property, explore Property Depreciation Pro’s guided workflow and current service scope.
Property and transaction records
Gather address, ownership, purchase and closing information. Confirm tax-specific facts such as basis and placed-in-service timing with your CPA.
Rooms and furnishings
Organize the items associated with the property, available invoices, purchase dates and supporting photographs where relevant.
Improvements and replacements
Keep the costs, dates and available evidence for property work and replaced items distinct from the original purchase record.
This opens a separate website and service. Review its terms, pricing and scope before proceeding. Documentation does not establish tax treatment or guarantee deductions.
Keep the evidence—and the open questions.
- Purchase contract and closing documents
- Ownership and entity records
- Lease or operating-income records
- Repair, furnishing and improvement invoices
- Available photographs and item descriptions
- Dates and facts requiring professional confirmation
Your CPA determines which facts and records are needed for tax reporting. If a specialist study is appropriate, confirm that provider’s required inputs separately.
A refinance is a financing event.
Do not automatically treat a refinance as a new purchase or a new placed-in-service event. Keep historical acquisition and improvement records available for CPA review.
Separate the current loan, property value and cash-out proceeds from tax-basis questions.
Coordinate with the right professionals.
Your CPA
Reviews tax facts, treatment, elections and reporting. Determines whether additional analysis or specialist review is appropriate.
Your attorney
Reviews ownership, entity documents, contracts and legal obligations.
STR Advisory
Organizes property and financing information and coordinates eligible financing. We do not perform engineering studies, prepare tax returns or provide legal or tax advice.
Documentation questions
Do I need all documents before running a property analysis?
No. Start with available facts and estimates, then identify gaps. Formal financing and professional reporting require additional verification and records.
Does the old SMS documentation process still apply?
This page directs property-documentation work to the separate Property Depreciation Pro service. Review its current workflow and scope rather than relying on the previous SMS-service description.
Will my STR Advisory records transfer automatically?
Automatic transfer or shared identity is not promised here. Confirm the available handoff process and authorize any sharing before records are transferred.
Does a documentation report replace my CPA’s review?
No. Your CPA should review the relevant facts and tax treatment. Additional specialist work may be appropriate depending on the property and objective.
Can I use Property Depreciation Pro without financing through STR Advisory?
Explore the separate service directly and confirm its current eligibility and scope. A financing transaction through STR Advisory is not described here as a prerequisite.
Where should I send sensitive records?
Use the relevant service’s secure document workflow. Do not put sensitive identity or financial documents in a preliminary public contact request.
Start with the property.
Prepare the records as the decision develops.
Analyze the property. Compare the financing. Prepare the transaction.
Preliminary analysis is not an application, approval, rate lock or commitment. STR Advisory arranges eligible financing through third-party lenders and does not fund loans, make credit decisions or guarantee financing or tax outcomes. Property Depreciation Pro is a separate service; professional review determines appropriate legal and tax treatment.