These deductions are filed on Schedule E of your tax return.Other Financing Options:Seller Financing: Negotiate with the seller of Property B to finance the purchase directly.Partnerships: Pool resources with a partner for additional capital.Private Lenders: Consider private lenders or hard money loans for more flexible terms, though often at higher rates.

 @Brian Eastman   Thanks Brian for your input on the IRA trust option, the details around how partnership could work around that. 

Additionally, buy-and-hold investors can take advantage of tax benefits, such as depreciation deductions, to reduce their tax liability.House Hacking StrategyHouse hacking is a real estate investment strategy that involves purchasing a multifamily property and living in one unit while renting out the others.

Here's a detailed guide on how to screen applicants: https://www.biggerpockets.com/...

There are many other loan products available in addition to Creative Financing methods you can learn about that don't look at your DTI and are "asset based".The ideal loan product really just depends on what strategy you're looking to implement, BRRRR, Fix/Flip, Short Term Rentals, etc...HMLs(Hard Money Loans) can be helpful for Acquisition but depending on the price of the property, the fees can eat up much of your profit, especially if there's not much "meat on the bones".

Any additional information anyone could provide would be appreciated!

@Julian Coltea I have a fantastic tax attorney I can connect you with that would be able to answer this question in a more detailed way than most of the pros here on the forums.

This is probably your best bet with the banks, but requires additional thought on your part to figure out what works.

Explore additional options that would of allowed me to get my cash out and keep the property.

As promised, here is a link to free tool you can use in Google Sheets to track your income and expenses: 12 Month Income & Expense TrackerThere are more detailed instructions for how to use the tool listed on tab 1 of the 12 Month Income & Expense Tracker but we’ve provided a quick how-to summary for you here:Click here for the 12 Month Income & Expense TrackerSelect the option to copy the spreadsheet in Google Sheets to get your customizable copyEnter your information on the tab corresponding to the current month.When you receive rent from your tenant(s), enter the amount of money you receive from each property separatelyRecord any expenses you pay in the month under each property separately as wellThe Tracker will automatically calculate the total Net Income for each property showing you whether you made money on that property or not in a given month.