will Losses on property (now sold) and Schedule E hurt mortgage prospects?

[Ben Reiss]

If I have been taking a loss as the house is empty while it's on the market. Will it hurt my chances to get another loan this year as my schedule E will show a slight loss on paper once the units are all averaged. The place will be sold by the time I go to buy another property adn the rest of them cash flow very well. ( by bank standards one makes 1480 after rent8.75-PITI, another about 800 after the same, I know that's not the real cashflow but for qualifying it will be bonus to my DTI)

should I not show the loss on my taxes and just eat it (since I don't want to risk not getting a loan if it hurts my DTI) or will it not matter to the bank since it is sold and was sitting empty since I am looking for a retail OO buyer.

Sorry if this is a dumb question- I am finding differing opinions on this and a few of the mortgage people I have dealt with in the past have been pretty clueless for underwriting anyway.

I figure since the property is sold they will not care about it since there is a valid reason for it sitting empty for a few months to sell to an OO, they will only carre about the properties I still own when applying for the new mortgage. Please correct me if I am wrong.
Thanks
Ben