That still has the 50% use requirement, but can be used to create a tax loss. 

Hope everyone is having a wonderful holiday season!
Unfortunately, the end of 2024 has brought a string of financial challenges for my family, and I’m feeling the pressure.
Two weeks ago, I was laid off from my job....

Be mindful of a gift tax implications if you sell a house for less than FMV.Also be mindful of transactions between related parties when selling at a loss.

Recently decided, to invest in a mobile home park but sold at a loss.

However, it adds up quickly if you analyze the cost of turning the unit, marketing, vacancy loss, and your team's time to find a new tenant.

Depending on the loan product, you may be able to exclude business debt once the business has paid the debt directly for 12 months.The income and losses related to the operation of the entity will affect the income side of your DTI (like Jay explained) if you own 25% or more of the entity.

I did one house I may end up taking a small loss on, we'll see.

I also had a passive loss for the rental property in 2017.

This property gives me significant income, so losing it would be an extreme loss.

Not enough information here to answer this question accurately.Is the home a total loss?