Incurring losses every year will mean that the losses will be suspended and carried forward and will offset future passive income.

That also means you have to keep buying real estate, so you have more next year.

(meaning you're the buyer)Ex.

What do you mean your investors?

Over the years, I’ve seen how a tight knit community sometimes means less competition and more welcoming neighbors.

I see some lenders out there would just pick the "lowest" rate and the client ends up paying more than 1% of the loan amount at their closing costs.Key point is "Lowest" rate does not mean the cheapest rate  I have worked in traditional community banking for over 7 years.

Feel free to send me an email or reach out I would be happy to help or offer advice in any way possible.

Thank you for your input.Keep a cheat sheet for your property(ies) with color brand/codes for each room and common info needed such as appliance info, fridge opening HxW, etc...Paint should be standard sets of colors for all the properties you have.Flat means hard to clean, repaint it all.

does anyone know what this means and how this is going to affect the potential claims?

Good stuff....but you mean 'vacation rental' instead of ABNB, right?