This is typically the excess of deductible expenses over taxable income.Report the NOL on Your Tax Return: On your 2023 tax return, you will need to report the NOL on Schedule 1 (Form 1040), Line 22, "Other income."

You can just give that statement and your spreadsheet to your tax preparer.Trying to add your paid expenses to PMC software is almost impossible, as it will misrepresent what the PMC actually did.Another option is to just send the bills to your PMC and ask them to pay from your portfolio balance.

Except in cases of things like a 1031 exchange, your capital gain is measured on the sale price in excess of the properties basis.

I am just waiting for the Sheriff to actually carry out the eviction.

Here's a possibility: prior to the hammer, owner sold the property (actual cure) or provided evidence of an upcoming settlement and lender agreed to it (enforceable promise to cure)

Using income from jobs, isn't any faster, and can actually take longer. 

I know they have a 10% preferred return, but what is the actual average return they pay?  

I've had broken windows, paint, and plumbing items flagged for repair but never stairs; although I have seen some really poorly constructed staircases and it's not terribly surprising to me that something like that could get flagged.Ultimately It's negotiable with the seller, although you should come to terms with the fact that you're an FHA buyer, and the seller would not have this issue with a conventional buyer; it entirely depends on your circumstances whether this is actually something the seller should pay for or not. 

., I would look long and hard at the actual return potential available in your current portfolio, as is, and what happens if you do sell and buy this 4 family.  

Agreed @Laura Richards, it seems a bit excessive in cost and unnecessarily complicated, and I personally would not recommend for a beginner.