In short, if I invest $100k on a new property for long term rental, I want to make sure that I can position the $100k fully as a business loss in 2024 reducing  my total taxable income by $100k. 

Overall I would treat this investment as a high risk gamble and willing to accept loss if it failed but It's also a very interesting process to understand how the industry works.

Also, the hearing loss is not the great, have it checked out.

I agree with the above posts - it's in the turnkey company's best interests to jack up rents to increase their projected ROI.As a general rule, I do not trust a single projection value any seller offers as they're nearly always weighted in favor of the seller.Zillow is a great way to check rent comps.

Your focus should be on avoiding loss, not earning extra.

Most of these buyers will have to sell at a substantial loss to get out and have so far been unwilling to do that.  

Imagine taking the 20% loss for selling as a portfolio and then the 1031 fails for some reason.

Because either one of these two tax claims accomplishes something that is normally prohibited: allows you to deduct real estate losses against high W2 income.

I'd ensure that the water loss is actually the new toilet.

Did it twice more once for breakeven and once for a loss, not to mention my time.