And i want to use my suspended passive loss of $100,000 to reduce my taxes.

Typically private money balloons require 20% down, at least, and this reduces the risk of default.

One of our STRs will be converted to 30+ day furnished rental which I suspect will reduce revenue significantly.  

Remote work is reducing the numbers of people commuting to work. 

@Mary Paras the fine will be reduced and you will not have a record ,,, i am not speculating as I have many years of dealing with 100s and 100s and 100s props,,,,, 

I did pull money out over a year ago (which reduced our rate to 2.75%) and put some into a Real estate syndication.

This has reduced my overall living expenses by 75%.

Hey Matthew, I just picked up an STR in Sugar Mountain.

With increasing prices, 400k is difficult to cash flow but will still significantly reduce your housing expense.If cash flow is extremely important, couple levers you could pull:(1) Rent out the master to close the gap(2) Consider 5 bed and you'll cash flow at that price range.

Whether or not it can reduce your taxes in the current year depends on multiple factors and is case-by-case.Example: you're single, have a full-time W2 job making $150k.