Note: if your car or any other fixed loan has a balance that’s equal to 10 payments or less the lender will not count it so no need to pay off (I.e. car loan has balance of $4,800 and monthly pmt of $500 your debt will be excluded).

Excluding an apartment that is mostly rented to students, most of my tenants are long term.

I use a spreadsheet, and have the contractor check off each item (included or excluded) when he submits his bid.

The problem relative to your question - it excludes your purchased and created equity. 

It also works best when you exclude people who have already filled out your form so you don't serve ads to them again.

And in fact the IRS makes a point to exclude rental of part of a shared living space from affecting your primary residence exclusion. 

@Xiaoyan Liang @Lien Vuong When you buy a home your current rent is excluded.

Dwelling (Building coverage)The limit should be based on the Replacement Cost of the building (cost to rebuild withthe same kind and quality excluding the foundation)2.

But when talking about gross income from an investment perspective (like this website) we all ought to be excluding it IMHO.

I have kept insurance company and let them exclude roof or get a policy from another insurer.Once I replace th roof I have them remove the exclusion.