Vacancies mean a loss of income and increased expenses.

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.

Whereas my other LTR rentals B,C,D,E etc, can accumulate/share deductions and losses , as well as carry over.

This holistic view can also help prevent gaps in coverage or unnecessary overlaps.Easier Claims ProcessWhen a loss occurs, dealing with one insurer can make the claims process faster and more straightforward.

Similar to a 401k, part of the strategy is a tax arbitrage.It is a much better outcome to take the deduction at 37% rather than 24%.Lever 5 - % Bonus AllowedIn 2023 Bonus depreciation has been limited to 80%, and will continue to ramp down 20%/yr until it hits zero in 2027.Bonus depreciation has come and gone in the past, but the more you get, that first year payback is higher and higher.Lever 6 - % Payback RatioUltimately how much you save vs. how much you pay matters.Caveat - Talk to your CPA before you purchase a cost seg study.You need to have a way to monetize your losses through1.

He had no losses and lead me to believe I would get my deposit back initially.

My wife and I are at a loss of what our options are to get out of this.

I have had no major claims in 20 years and no losses since I have been in Florida since 1993. 

In some cases, folks recognize losses that they can carry forward to offset future gains.

A real estate professional is allowed to take rental losses against ordinary income.