We are not talking about taxes about acquisition or disposition we are talking about taxes incurred on property that is held and it currently is not held for collection of income as it has not been placed in service. 

I used to collect rent from my tenants and I wasted so much time and just overall annoyance by trying to track it down.  

Now you are probably stuck with them for 4 more months (and may not even be able to collect a penny, if some proposed NY bills go thru).

Mean while, the lender, or investor, or aggregator that holds the loan, must still pay their bond holders for this loan even though they cant collect the payment and cant foreclose.

Will collect applications for each of the potential tenants and include all on the lease.

There are some strategies that you can use to optimize your tax liability like the 121 exclusion and depreciation.

I am working from home and collecting a full paycheck. 

You are only taxed on your 'profit' meaning you enter the full amount of rent you are collecting, but also expenses (interest, property taxes, condo fees, insurance, etc). 

I would move forward with cautious optimism and be ready to help people out of really bad situations. 

I think if I buy my own property with 100k down and collect rent from my stepbrother who’d live there (approx 1700 a month) I’d be paying the same I do in rent which is (2k) + his rent and I’d have my mortgage covered and have equity but would be a lower tier home for 800k here in LA and would eventually wanna move..