Like wearing shades at a resort's pool with hooters waitresses they paid to hang out with and a lambo rented from Turo. 

On tax benefits, last year we had a tax loss on our MTR business that lowered our personal taxes by an amount equal to 20.8% of our MTR gross rental income.

Not to mention the loss of income for 8 months, shutting down the business and many other trickling down financial problems because of it.  

The client was saved by having diversified, and came up positive on his other DST's so it was a net zero loss.

If its just gonna be added as a passive loss and not eligible to be used now or in the near future, I would not get it done.best of luck

fha. 3.8% interest and Currently owe 450kMortgage $3,400.00Currently we are renting home out for $2,400 and taking a lossLiving in an apartment for $1700 making total living cost $2700 with the 1k for covering loss on home Household income 180k-200k Please help me figure out what makes the most sense in this situation.

Outside of my friend group I found that most people looking to rent a room in a house with strangers were medium-term type renters so there is a lot of what we call "churn" or turnover and vacancy loss.

I am not seeking advice on how to recoup my financial losses.

Other than that, be sure each quote covers what you need for a multi-unit, like liability for tenants and coverage for rental income loss.

We calculate gross income as all dollars coming in except taxes.Our clients gross revenue is the room rate (top line) expenses minused out and then they receive their net income.Net profit (or loss) would be then when they subtract debt service, property tax, insurance, utilities, etc.