Excess business losses are capped for single individuals at $250,000 and for married individuals at $500,000, with any surplus being suspended and carried forward.

I own a short-term rental property that operates much like a hotel, so I carry large commercial insurance.

Thank you at David, this is gold!! 

Oh lord, are we in the 3rd ward thinking we hit gold.

The US dollar which is diluted and loses more value each and every year, or a new currency that's backed by gold? 

@Mickael Castillo Rental listings on platforms like Facebook or Craigslist carry a higher risk of scams.

However, it's important to note that it functions as a deferral, meaning the taxes owed will be carried over to the next property.

I'm allowed to carry up to 7 DLBA properties now I believe. 

(just like a 2nd but shows up as one loan that has two payments each month) You do these when the seller has a lot of equity and will do a “carry back” instead of requiring cash at closing.

Hard money is sort of a last resort, that's typically meant to be a short-term solution and will carry a higher rate and/or fees compared to most other options.