(To clarify, tenant “A” took over the lease for another roommate and never paid a deposit so we held onto the original roommates).

You are held to a higher standard once you are licensed, so you may look into what that looks like for you.

Commissioner and the resulting TC Memo 2012-58 - in that case each spouse held properties in their own named, filed a joint return, only one was a qualified real estate professional, and all losses were allowed 

Brother was co Trustee on Trust that held property. 

You're right, the property taxes are not great in Wisconsin right now either,  in 2018 the total taxes were $5000, but they are held in escrow by the bank with monthly contributions, and they are already calculated into my expenses so will not impact the end of the month cash flow!  

Post frame construction, with all metal siding, roofing and interior walls.

Post frame construction, with all metal siding, roofing and interior walls.

Post frame construction, with all metal siding, roofing and interior walls.

Unfortunately, our dog is held to higher standards because of his breed.

In California land is in low supply, so you see most the house value is held in the land.