Please make sure your losses are not limited under PALs.This post does not create a CPA-Client relationship.

Check with a tax professional.You can manage your taxes if you do cost seg on the vacation rental and use the losses.

That's fine, i mean the profit and losses I've seen are pretty legit breakdowns.

While you can save huge dollars by increasing the deductible just a single percent, the downside can lead to catastrophic cash shortfalls in the event of a loss. 

My mortgage and escrow don't allow me to consistently profit enough on both floors to handle a 20% management fee and not take a loss some months.

However I wouldn't expect this to stop you from getting approved, but it may mean you should consider looking at alternative options or structure the deal in a way where you won't be caught with a net loss due to the PPP.

Spend like cash for medical weight loss, hormone therapy, IV infusions, aesthetics, specialty treatments, supplements, and more!

Spend like cash for medical weight loss, hormone therapy, IV infusions, aesthetics, specialty treatments, supplements, and more!

When all was said and done, the design firm cost me north of $100K in losses , some of which was caused by the drawn out design process resulting from being in the dark due to the forgery.

The new PM says this isn't something they can help with and won't be getting involved, so I feel completely let down and abandoned by the old PM, and at a loss as to what to do. - Is this a reasonable stance for the original PM to take?