You can tell if it's a relatively real comp, or it's something they just kinda made up based on what the news paper says, just by how they fumble around to answer you.

Quote from @Kent Smith: I have read several threads on thisYour rent income will be erased down to zero by your deductions, so you do not owe more taxes.Also, you do not owe less, because you cannot go below zero.Good news: the excess loss is not wasted.

If not you can take out up to 100% Cash out where you might lose a low first rate but good news you can refinance in 12-24 months and lower the rate.Mortgage rates are getting better and will be back down in the next couple of years allowing you to refinance and recapture a lower rate if you take out cash now.

I saw a news story this week about squatters breaking into a home while the people were home and claiming tenant rights.

The good news is, most people are quite lazy. 

Exciting news!

The family upgrade, the "just because" bigger home buyer, the empty nester downgrades, the 2nd home, etc are choosing to wait and see, due to news of inflation and interest rates.

That happening while everything is hunky dory in the economy, news, world, is essentially impossible.

Hello Samantha, There is good news and bad news.

The good news is that cashflow is only one piece of the wealth-growing puzzle.