You should get a good CPA to help you with the breakdown and taxes.

Anthony thanks for taking the time to respond to my post the cash flow issue will not be resolved until my brother who lives at the house is not able to care for himself at that point then I will have a decision to make on this property, my thoughts were can I consider the house a business expense for tax purposes or do I need to consider it as personal property for the taxes.

Also the property taxes are extremely high for properties especially as a non homesteader. 

Document everything, personally I use a CPA for my taxes. 

The rentals are also taxed, of course, but Airbnb and VRBO automatically collect those fees when each stay is booked.

We live in Los Angeles, both are self employed 1099 independent contractors, combined annual income roughly 250k pre-tax.

(Vacant+tax delinquent, preforeclosure, etc..) 

I understand that when you purchase the replacement property, any difference between the value of your current property and the one being replaced will be taxed.

Ohio is also a landlord friendly state that offers low taxes and price-points.

Tampa only requires you to pay an annual business tax to the city and a "7 day minimum."