>>Here is what you need to do:- Prepare Worksheet for stock gain and loss sales and 8949, the worksheet is available from brokers , it's another form that calculate cost basis but it's not tax form.

Your state laws control, but the loss value to the materials will be based on fair market value.

May want to look into NonQM loans, such as a profit and loss only loan, 12 month bank statement loan, or 1099 only loan if you have trouble showing income 

By next year, most “houses” that were converted to short term rentals will no longer be rentable as a short term rental, owners will be better off selling or renting long term, even if it’s at a loss it will be less of a loss than leaving empty or selling.cabins that have been pillaged and not maintained will likely not rent short term except during peak times, perhaps 30 percent occupancy.

I currently own a food truck/restaurant and real estate is my next career move.

There's a notable article in the Telegram and Gazette about the spike in demand at food pantries, "Food assistance: Demand at food pantries spikes as rents increase and wages do not".It's safe to say that the majority of visitors to food pantries are renters.

So to answer your question...your gonna hear more bad then good just like you hear more about horrible service in the food industry then good.

Whether it’s hurricanes, tornadoes, wildfires, or just flooding the losses the insurance companies are seeing over the past 5-10 years are huge.

These policies are typically more expensive and cover way less in the case of a loss.

Cut your losses admittedly I dont know your market so .....