I use to do business via a C Corp, but because of the FAPI rules, the tax deductions have been lowered to 1.9x instead of 4x.

I currently own a rental property that profits at least 15K after all deductions.

Which is about 3 months of rent but i can deduct thay in my taxes against rent.Or are you guys using Heloc as I won't be able to deduct that from my rent is what I read.Also is there a better way to find lender with less fees for closing for cheap investment rentals.Currently I have 5 rental. 2 with personal home mortgage and 3 paid cash so no mortgages.

I have heard people say similar things about the home office deduction, or vehicle expenses - if it's valid, I'll take it every time. 

We were told that none of our real estate losses could be deducted. 

They breach contract, I'm desperate trying to find a lawyer to sue the company.Below are the issues I have had with them: 1- They sold one my houses in Philadelphia for USD 146K but only paid me 94.975 – I authorized them to sell the house for a minimum of 94.975 but not to pay me less that what they sold it for2- They sold another house in Baltimore for USD 104.780 but only paid me 89,448.203- Only the difference between what houses were sold and what I received is USD 66,356.804- They deducted USD 5K from my rents in January without giving me the opportunity to do a full inspection in the house as agreed in contract.

Plus there is a real risk we will lose QBI deduction next year.

Can John deduct excess losses, ie depreciation, against his w2 income from a salaried position?

We should get together and decide on the best action to get our money back.I bought 3 properties from them in 2017 - 2 in Baltimore and 1 in Philadelphia.They breach contract all the time (one example is that you are supposed to do an inspection before they charge you the last 5K but they simply deduct it from your guaranteed rent) and do not keep you posted on what's going on with your property.

This is a common problem, but there are several actions we can take to curtail it:Follow the l/t regs in your state to properly notify the tenant about any damages that will be deducted from the security.