It protects real estate owners (and investors like me) from liability for environmental contamination that they did not cause.

My assumptions based off research is I will be able to deduct 1/2 of all allowable expenses based off the ADU square footage (My understanding of that list below)  1/2 Mortgage Interest (Not principle) 1/2 Utilities 1/2 Property Taxes 1/2 Insurance (assuming I don't have separate ADU insurance)  1/2 general house maintenance (depending on the issue and if it's related to the ADU)  1/2 Depreciation (Home value, not land divided by 27.5)  KEY QUESTION: If my mortgage (PITI) is $5400, and all of those ADU deductions equal $3800 monthly, and my ADU income is $1800 monthly, am I allowed to pay the difference in "deductions" from my real estate business income? 

@Mike A.Welcome to BP, I recently moved to Florida from Lexington Park, MD so I know that market pretty well.  

I work for an STR-only real estate agency, and we have agents in 20 STR-friendly markets who know this field inside-out. 

We include real expenses accustomed to STRs so you can see the actual operating costs.

Hey Crystal, My wife and I have an out of state property in Florida and manage it ourselves.

If I NEED to sell within five years, this calculation provides insight into the real-world return that incorporates these vital aspects of the investment.I want a balance between steady cash flow and long-term appreciation potential. 

Oh no it is VERY real.

Hello everyone, My name is Dylan Jeluso, I'm a 20-year-old student at the University of Florida.

Almost every problem you can think of happened.....So there I was, a seasoned real estate amateur.