And the passive loss rules may prevent you from getting a tax benefit if your rental deductions are more than your rental income for all of these options.David OrrTax Modern

As I wrote in another reply too - one more benefit for me is that in a way it's "forced savings" - I have to find a way to pay the bill...

We are willing to provide additional documentation to support our request and discuss any potential steps to ensure a smooth and fair process for all parties involved.Thank you for your attention to this matter.

Feel free to share updates or ask additional questions.

Another benefit: three friends renting together typically need their own policies.

I really wanted to pursue this not so much for the financial benefit but for the learning experience.

These are professionals with additional training and a stricter code of ethics.

Perhaps you could consider hard money in addition to private money?

Hey Tim, If you are not using Hospitable yet that would be my first addition.

Additionally, the presence of POHs vs TOHs introduces further operational complexities and elevates overall costs due to increased maintenance and management responsibilities.However, without detailed information regarding the specific septic system configuration (gravity, pressure distribution, mound, cluster, etc.) as well as the system's age, historical performance, and required maintenance frequency, it is challenging to derive a precise expense ratio.