Then you have wiped the slate clean on the loss carryforwards, that $200k of released loss carryforwards offsets ordinary income first - so you will actually get a great result.Then, in 2025, when you have no more pass loss carryforwards, consider making that real estate professional status aggregation election, and utilizing cost segregation on properties you acquired in a prior year.Of course all of this - get some real tax help, I'm just another guy on the internet here, and there should be a deeper dive on the circumstances than what you can get through a forum posts to ensure this all actually works properly in your situation.

It does not cover phone, internet, or TV.I'd open up the STRs for locals in need.

Also, what about internet, trash and security?

I would strongly encourage getting one with good internet, as a bunch of the tech crowd from Atlanta will rent it out in order to work remote.

Weekly rent averages about $ 175 per week and I provide internet, utilities and a coin-op laundry. 

Not an attorney, nor a CPA, and I don't play one on the internet, BUT, things to consider if you would want to run revenue through your LLC...The LLC would need to be tied to the property in some way, either as the owner or manager.

Internet has been down in many areas and cell service is spotty. 

I've seen some simple templates circulating the internet and this is nothing alike.

(I find BP to be the most helpful community on the internet)

About 8 satellite dishes hung off the outside all over the place, and many tenants each paid for their own cable internet/TV account.