Generally, applying any monies received to fees first leaves the deficit as "rent".

They've even called my mom who we don't live with anymore (but lived with at the time we applied for the loan).

However, passive loss limitations apply—if your AGI exceeds $150K, you may not be able to deduct the full loss in the current year but can carry it forward to offset future passive income.Future Considerations: If the property generates taxable income in later years, Kansas allows a credit for taxes paid to Missouri, but since you’re reporting a loss, this doesn’t apply.

In my experience you tend to get more people living there than the people who apply. 

@Stan MendozaRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Human nature I guess..

Can we apply for retroactive permits to make these units legal?

He dismissed SB1079 as impractical and not worth the investment, mainly due to the lack of a centralized system for tracking auction dates.Despite this, I still believe SB1079 has great potential, and I would love to learn more about how it can be applied effectively.

Usually would be something like 15% off weekly and 35% monthly to attract longer stays that fill in more of your weekdays naturally.

Your company is applying for business lines of credit through your credit score, but you are not personally liable for those accounts.