Question about my taxes with my rental property.

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Good day BP. I’ve got a question about how my accountant does my taxes in regards to my rental. So I rent a SFH to my mother in law for $1,200/month (which is about what the mortgage payment is). Fair market value would put rent at about $1,400, but she helps in other ways so I’m not worried about it. The problem I am having is, when I go to a potential lender for possible financing for the next house (I also flip houses), they “see” from my tax returns that I am taking a “loss” from my rental, and it keeps my income lower than I believe it should be (thus hurting me on the income side). With the rent and mortgage pretty much being a wash, how can work around this? I want as much income to show to help with getting approved, DTI, etc...but I also want to be able to deduct as much as I can for taxes. Any advice from the pros out there?