This is in FL and the lease says "We will not be liable for any damages, loss, or injury to persons or property occurring within your dwelling or upon the premises.

If the business is showing a profit or loss, then that income will be adding or subtracted from the entire income. 

Sure, the west coast of Florida has had some rough years, but you’ve got to look at the bigger picture.

I saw a prior post where you mentioned having a STR in Texas.you want to have a conversation with your accountant to see if it can be treated as an active property instead of passive.If it can be, then there is a potential opportunity to offset the losses against other forms of income such as wages, interest and dividends.

A real estate professional is allowed to take rental losses against ordinary income.

I reached out to my attorney to see what my options are, but always appreciate the opinions of the Bigger Pockets community.Thank you.

Vacancies mean a loss of income and increased expenses.

Then offer a discount if they book 6 night and a slightly bigger discount if they book 7.

I have one right now who wants to leave to find something bigger.

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