They know you likely wouldn’t file a CA tax return - since you live out of state - so they found a way to make sure you do.Since you are losing money, most likely you can deduct losses against income and get the withholding back when you file a CA tax return in April.Confirm this with your tax person.

Given our current properties, is there a creative way to do the financing that would allow us to buy the beach house without losing our current rental income ($6250/month) we are relying on? 

The real benefit of using leverage is so that you are not burying your cash in the dirt and can access it when things do go wrong without losing the property.

It's important to understand if this can be corrected or if you are putting off the decision to lose the liability which only costs you more time and money.

Pro-rate the rent and save yourself a lot of grief from an issue you would surely lose.

From our calculations, in 2024  we will lose 1/2 our income on this single-family property in Florida.Any suggestions on our response to the PM?

Here are three that I like:CallboxOverview: Callbox specializes in B2B lead generation and appointment setting services.Strengths: Offers robust KPI tracking, multi-channel marketing, and high-quality lead generation.Technology: Uses proprietary CRM and lead management tools to track and optimize KPIs.SalesRoadsOverview: A B2B appointment setting and lead generation company that focuses on quality.Strengths: Known for high-quality leads, detailed reporting, and KPI tracking.Technology: Provides detailed metrics and performance analytics to clients.CIENCE TechnologiesOverview: Specializes in lead generation, appointment setting, and data enrichment.Strengths: Strong emphasis on data-driven approaches and KPI measurement.Technology: Uses advanced analytics to track lead quality and performance.Here is some information to consider when you make your decision:Reputation and Reviews: Look for companies with positive client testimonials and case studies demonstrating success in your industry.KPI Tracking: Ensure the company has robust systems in place for tracking key performance indicators (KPIs) such as call volume, conversion rates, appointment setting rates, and lead quality.Lead Quality: Evaluate how the company sources and qualifies leads.

We found that for every 100 sq ft you build over 1600 you lose about $10 per sq ft off of the resale so our underwriting has $200 a sq ft resale or about $340k.

Have you ever heard of a Landlord being sued by a Tenant and losing property?

If you find a cleaner to manage it life is easy but it's also difficult to maintain because you lose them to others that can provide more consistent work.