All the donations from the LLC to NMCRS will be a tax deduction for the LLC. 2) Start a non-profit organization.

@Levi Benton Levi - Your numbers are fine but make sure you have all the loan requirements clearly understood.

There is a new 20% pass through deduction you may qualify for that could help you, but not everyone qualifies.

So you can deduct the cost of the travel while catching up with a friend or family member.

@Yogesh BhadaneScenario 1, you are factoring in Depreciation and PITI.Principal is not deductible for tax purposes.Furthermore, you may be forgetting other expenses such as travel, utilities, etc.I am still confused how after depreciation and PITI, the number is positive $10,000 but net profits becomes -$100.how is a number higher when factoring in depreciation?

Landlords will owe tenants three times the deposit amount, plus 5% interest, plus attorney’s fees, plus other court costs, unless they do all of the following: Put the security deposit into a bank account The bank must be in MassachusettsThe account must earn interestThe account must be under the tenant’s name and social security number only, with landlord as signatory (specifically, a landlord-tenant account)Note: credit unions are not banks (we are looking for the case, but it was Western Housing Court circa 2001)Within 30 days of signing the rental agreement, give a receipt that lists The name and location of the bankThe amount of the depositThe account numberEach year, Pay interest Either 5% or the actual amount of interest received (if less than 5%)Either cash or check or deducted from the rentGive an annual statement that lists basically all the same information again The name and location of the bankThe amount of the depositThe account numberPlus the interest earnedWithin 30 days of the end of tenancy, Pay all interestProvide an itemized list of damages This list must be signed by the landlordThe form must say “Signed under the pains and penalties of perjury”Receipts, invoices, or photographic evidence are required for each deductionNo deduction can be made for damaged items identified at move-inReturn the original deposit plus remaining unpaid interest less damagesAny single failure of any bullet point or part of a bullet point above will entitle the tenant to receive three times the amount of the deposit.

-LLC pays for maintenance, repairs, and improvements (eventually), deducting the cost from the rent.

Sorry, at least it's a tax deduction. 😁.

Even if you won't cash flow on your existing property as well, using tax-deductible OPM that cheap is a no brainer. 

If it would cost a certain amount of money and time to advertise and show new potential applicants, you can offer to deduct that amount from the tenant's full liability and see what the response is.Hope that all makes sense.